Anyone who tracks economics and especially monetary policy, knows that nothing was coming even remote to stabilizing over the past three years.
In order to defeat the argument of the left, we must first trounce their premises.
Spending a trillion dollars does not stabilize the economy, it only contributes to the beginning of another bust cycle. This may seem like a minor point, but it is important, especially as the Communist in Chief asks for another trillion dollars of spending. They will promise that it will ‘stabilize’ or boost the economy. It will not. It will push us further over the edge of the cliff.
Looks like the Market will be on a roller coaster again next week.
ping
Greece wants private bondholders to take a “voluntary haircut of 50%”? That’s a haircut like Custer and his Soldiers got from the Chinese at the Little Big Horn.
Does this mean we have to pay for another Marshall Plan?
Globalist players still engineering a global financial collapse to force the world to accept a common currency.
Screw em.
Thanks for putting your entire article up under the header. I gave you a click after reading it.
Had heard a network radio news story a couple days before this claiming things were looking up in Europe because some poll showed good sentiment for solving the debt crisis by selling more debt. Laughable.
The Current FReepathon Pays For The Current Quarters Expenses?
Going to Sam’s today. Time to restock anyway.
I don’t understand all this FUD. We’ve got downgraded to AA+ a long time ago, the only way we keep up is running the money press 24/7, and what has happened ? Well the economy is struggling, but i can’t see anybody starving like in the 1920s.
So there is nothing to fear, there won’t be a big bang.