Hardly... different bubbles are being created by the government like the cheap dollar bubble.Quote:
and the conditions which created the GFC are being wound back
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Hardly... different bubbles are being created by the government like the cheap dollar bubble.Quote:
and the conditions which created the GFC are being wound back
Yes the fall out from that one could be a market crash again. I say give the bonds a decent return and let the people buy them, in fact, make them a required investment for pensions funds and 401k and stop this nonsense of flooding the economy with money. I remember my basic economics this is not a good policy
That's the problem Clete the economy hasn't been flooded with money, or living wage middle class jobs either. The bond market is doing great. Wall Street is happy and so are rich folks.
correct ,it's been flooded with monopoly money courtesy of the FED and the Treasury Dept's printing presses. Your stimulus has failed and all you have is idiots like Krugman who say we should double down on that failure.Quote:
the economy hasn't been flooded with money
Hey, it wasn't my stimulus and I would have let the banks fail along with the auto industry and AIG. A sharp correction is sometimes the answer. I think this zero interest is a farce distorting markets and buying bonds is just a blind. Look how it has distorted the stock market
Yes that was a Tal's comment I was replying to. Completely agree with statement above. That would be the capitalist solution to dealing with the crisis. I also think the US should adopt a strong dollar policy.Quote:
Hey, it wasn't my stimulus and I would have let the banks fail along with the auto industry and AIG. A sharp correction is sometimes the answer. I think this zero interest is a farce distorting markets and buying bonds is just a blind. Look how it has distorted the stock market
Palin was right time to put a cross on the wall
Hello again,
Palin is a douche. Cruz is a Fascist. Rand Paul is NOT a libertarian. And, I NEVER thought I would miss George W. Bush, but I do...
excon
Leave it to the right wing to make a backwoods loudmouth who couldn't finish out her own term of office some kind of hero. No wonder you guys are screwed.
While Palin became the cute back woodsy, maverick, governor on the rise only to find out she couldn't keep her commitment to her state after failing to win over her country. Better suited to the OUTHOUSE than the WHITE HOUSE, or the governors mansion. Perfect for Fox News, and the loony right wing fringe.
I bet she knows there aren't 57 states and that Charleston, SC is on the east coast, not the gulf.
When she comes off her back porch looking at Russia and finds Arizona again, let me know so we can ask her.
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