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To: CurlyDave
BUT, the leftists fight against Trump when he wants to do this and fight against the very policies that will increase the stock market. Almost as if they have a death wish.

It's not a death wish. It's needed to generate reliance on the government and handouts. When the market and economy are good, the people don't look at government as a savior. But, when markets and the economy tank, the government inevitably creeps into many people's lives more.

It's all ultimate about control, and dire times create better opportunities for the government to exert more and more control.

All the QE that happened as a result of the last recession has put us further behind the right ball. Investment banks took the handout and ultimately used it to either pay out bonuses, or to generate revenue for the bank; and not as it was originally intended.

Thanks to the non-existent interest rates, many public companies leveraged up and did stock buy-backs to support their earnings per share and ensure exec bonuses. So while company top line growth was flat in many instances, their debt increased. There is no sound reason for the stock market to be where it is at today.

With interest rates being so low, people also stopped putting into savings accounts and moved into stocks where they might earn some returns. The problem is the institutional investors can react faster than either you and I and when it does correct this next time, it may be extremely brutal. But at least the government can step in and say, "Hi! I'm here to help."

32 posted on 06/13/2019 4:42:55 AM PDT by voicereason (The RNC is like the "One-night stand" you wish you could forget.)
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To: voicereason
...All the QE that happened as a result of the last recession has put us further behind the right ball. Investment banks took the handout and ultimately used it to either pay out bonuses, or to generate revenue for the bank; and not as it was originally intended...

If it was not intended to "generate revenue for the bank" what was its intent?

...Thanks to the non-existent interest rates, many public companies leveraged up and did stock buy-backs to support their earnings per share and ensure exec bonuses. So while company top line growth was flat in many instances, their debt increased. There is no sound reason for the stock market to be where it is at today...

I think the system worked exactly as it was supposed to. The real problem was nearly zero economic growth under Obama due to ever increasing regulation. The Fed was able to mask some of this with their QE policy but we will suffer the after effects for a long time.

The slowdown in illegal immigration under Obama was not because of his border policy, it was because his economic policy killed jobs. Without jobs, there is no attraction for illegals to come here.

The only way to work off the QE problem is through inflation. But the left hates Trump so much that they would rather see a government-inspired recession than real job growth.

34 posted on 06/13/2019 7:40:14 AM PDT by CurlyDave
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