Posted on 11/11/2010 4:39:31 PM PST by Peter Andrew Conservative
President Barack Obama and his economic team have decided to follow Japan’s economic path… the same one that resulted in Japan’s “Lost Decade!” Obama wants to be re-elected so badly, that he and Ben Bernanke at the Federal Reserve Bank are proceeding with methods they think will improve the economy quickly. That’s the catch though, this quick fix (if it even works) leads to long-term nightmares. Obama gains, U.S. pains.
…On Dec. 29 of that year, the Nikkei 225 Index topped out at 38,957.44, before closing at 38,915.87. By the following September, it had nearly been halved – and there was still much more bloodletting to go (despite several subsequent rallies up over the 20,000 threshold, the Nikkei ultimately bottomed at 7,830 in April 2003. It closed yesterday – Wednesday – at 12,760.80, still down 67% from its trading high 19 years ago). ..houses were selling at 1/10th their peak value, …an estimated $20 trillion in stock market and real-estate wealth had been vaporized...
Complete story on the Japanization of America here.
(Excerpt) Read more at conservativeamerican.org ...
He’s doing the same thing with Afghanistan if you read Woodward’s book Obamas Wars. Rev the engines to make it look like we are almost there for hand-off to Afghans, we leave before his election (he supposedly wins) and then all hell breaks loose, killing fields, Taliban takes everything back over. Sick and sad. The military knows what he is up to but he is their boss and he takes our years of experience of a 4 star general (McCrystal) any time he goes into an “off with their heads” snit.
It’s all about the “O”.
Im going to slap the shit out of my sister at thanksgiving Damn Obama voter
Japan’s decline is demographic driven. The country utterly lacks babies. Only 7.41 per thousand Japanese were born last year; to maintain stable population with that birth rate, these babies would have to live 134 years, but life expectancy is only 82 years.
Here in America, we’re not far behind, already killing intentionally one-fourth of all Americans before they have a chance to take a breath of air.
I saw a post on here a while back where someone said no country in history ever had economic prosperity with a population in decline.
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