Posted on 02/03/2013 11:48:10 AM PST by blam
Yup.
I can remember when the Nikkei-225 was at 39,000...today it's at about 10,000.
So between the FR and the USG is is a mutually assured survival or a mutually assured destruction
"We therefore have a choice of two no-wins: massive state debt, increasing austerity, rising real inflation and social injustice - or economic collapse and chaos. Imagining this can be called "sustainable" or able to be prolonged on a semi-permanent basis is surely one of the most incredible false beliefs that exist."
I’ll check out your link
Even Sean Hannity who is a boring mainstream conservative said very matter of factually. Like he had said it a thousand times before. He said the markets and real estate were up only because the Federal Reserve was juicing the economy by buying USG debt, thus keeping interest rates low. That the current improving economy was not due to natural factors but due to the FR created artificial low interest rate environment
Everything these days is pretend.
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