Posted on 08/14/2019 7:11:42 AM PDT by Berlin_Freeper
El Rushbo played a montage of media outlets doing “Polly want a cracker” parroting each other, shrieking that we’re on the precipice of a recession. How convenient that the bond market “flashed a sign”. Oh what a relief it must be for them to see a 400 point drop, after their acute case of red@$$ from it’s 300+ point RISE on Tuesday.
I heard that, Lol. Rush nails the bastards for what they are.
The Media relies on the clueless, ignorant idiots to believe their BS.
And they won’t hardly mention it when it goes up again.
You conveniently ignored the lethal effect of artificially low interest rates.....which is creation of gigantic bubbles in hard assets and stocks. Bigger the bubble, bigger the explosion when it is pricked. And every bubble gets pricked sooner or later. Economic cycles can not be eliminated by congress or the FED or the POTUS.
If any one thinks 2% interest is high, they have no clue about the REAL inflation rate. Just examine grocery prices, property taxes, doctor’s bills, hospital bills, car prices, apartment rents, etc etc etc. These are all necessities, while junk sold at Walmart is mostly that...junk.
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