One huge silver-lining of the next stock market/Wall Street Debt crash (sorry about your 401K) will be what it does to governments and budgets in places like California and New York.
2009 “stimulus” was simply a bail-out for State Governments. I doubt that can be repeated - and how is the Fed going to lower interest rates even more than they are now?
This is exactly why the Federal Reserve is the foundation of Progressive Government.
“One huge silver-lining of the next stock market/Wall Street Debt crash (sorry about your 401K) will be what it does to governments and budgets in places like California and New York.”
Strangely, the best thing for the future of this country is an economic collapse. Even more strangely, that is exactly what Obama via Cloward-Pivan is striving for. But if it happens while this older generation that knows the Constitution is still around, it could backfire.