Larry Kudlow, a self confessed optimist, says business does have about 2 trillion in the bank that could be used for investment.
Nice post, at any rate.
Thanks.
No, I’m not John Bachelor, and I don’t listen to his show. I just study the issues like a compulsive and have been studying the Austrian school of economists for a couple of years now.
I’d like to see the evidence of those 2 trillions that Kudlow mentions.
According to the Dow, people have made back a lot of what they lost from its tanking of a couple of years ago. That’s all on paper, though, and does not really exist unless people cash it out. The same is true of those 2 trillion Kudlow refers to.
Everyone thought China was a stable, booming economy. Now we find out that it is mostly a scam, all the way up to and including building skyscrapers then tearing them down and rebuilding them, just to keep people working and to draw down on resources.
I believe when financial Armageddon finally hits, the world is going to be stunned at how much “prosperity” was a delusion. The powers-that-be, however, will maintain and add to their wealth and power, though. They always do. That’s what the central bank and collusion with them is all about.
Thanks.
No, I’m not John Bachelor, and I don’t listen to his show. I just study the issues like a compulsive and have been studying the Austrian school of economists for a couple of years now.
I’d like to see the evidence of those 2 trillions that Kudlow mentions.
According to the Dow, people have made back a lot of what they lost from its tanking of a couple of years ago. That’s all on paper, though, and does not really exist unless people cash it out. The same is true of those 2 trillion Kudlow refers to.
Everyone thought China was a stable, booming economy. Now we find out that it is mostly a scam, all the way up to and including building skyscrapers then tearing them down and rebuilding them, just to keep people working and to draw down on resources.
I believe when financial Armageddon finally hits, the world is going to be stunned at how much “prosperity” was a delusion. The powers-that-be, however, will maintain and add to their wealth and power, though. They always do. That’s what the central bank and collusion with them is all about.