Posted on 07/22/2019 11:06:53 AM PDT by Signalman
Has she gotten illegal insider trading info?
Well when princess running beaver talks econ 101, well, hardly anyone listens.
Thanks for your quick and easy to read graphs!
Let me guess. Her plan involves confiscation of wealth, on a Black Hole scale.
Let me guess. Her plan involves confiscation of wealth, on a Black Hole scale.
Many of the problems Warren sights are not prime causes, they are results (made possible) by the prime cause - Federal Reserve easy money policies that lowered interest rates and printed money.
If “excess” debt was created, it only occurred NOT because of “evil lenders” but because the Federal Reserve set interest rate standards that lowered the cost of lending money. Without that there would not be possible “too many” loans or even “too many loans to borrowers that should not bave qualified for them”.
On the other hand, you do not have to be a Progressive or a Socialist, or a Liberal to think the economic boom bust periods do run in cycles and one cycle is the parent (creates the conditions) for the cycle that follows. Booms always run to an excess before any calmer period takes over and always end with a bust. An economic bust creates value positions that eventually provide a means for recovery.
Presidents and what they say and do are bit players in these cycles, no matter what they do, compared to the macro economic level of central banks control and manufacture of money and interest rate trends.
The policitians, no matter their party, ignored the macro and global economic factors and always try to tell the people the blame or credit belongs to the occupant of the White House.
We are in a period excess in terms of debt creation made possible by the machinations of the Federal Reserve. When it - this excess - reaches a limit that demonstrates it cannot continue, the excess WILL turn into a bust, and the political class WILL use every tool of ignorance they can to blame it on the policies of the occupant of the White House.
It will be sometime between now and 2022.
A REAALY smart person does not want to be the occupant of the White House in 2022. Let someone else take the blame.
The difference is that McCain fell for it and left the campaign trail to look like he took his job seriously - and lost to Barack Hussein. President Donald Trump will not make that stupid a mistake.
It sounds right and not surprising at all. She is a magnificent blowhard, but one that takes herself unusually seriously!
I find her breathless delivery unintentionally hiliarous. She’s a parody of a self-important white liberal.
Wow.
Princess Running Mouth do rain dance for economic crash Summer of 2020.
So would 40% of board directors being arbitrarily made up from employees. Not to mention having to lay off 20% of staff in labor intensive businesses with a jump to $15/hour.
It sounds like the communist manifesto. Next she would order 100% of the shares of every public corporation be gifted to the employees. “Screw you capitalist pig owners! Viva la revolucion!”
Look for the crash to get rolling in August 2020 after the Dem convention. That’s when the MSM polls will all say there is a 99% chance of the Dem candidate getting elected.
That’s it!
Thank you Fedora!
You’re welcome; thanks for mentioning this important reference.
Yes it’s communism.
Because if the economy is too strong to run against, make up a phony scenario where it's not and tell everyone you have a plan to fix it...
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