Posted on 06/29/2016 6:11:16 AM PDT by Bratch
Free trade, like free choice, only works properly when its practitioners are honest and ethical.
Otherwise, the construct dissolves into anarchy.
You were fortunate to have lived through a time of decreasing interest rates that “afforded” increased debt loads. It was cyclical and cannot happen again. Especially in a era of deflationary pressures.
Imagine going from $20T to 120T over the next 40 yrs?
our elite oligharchy has cherry picked where it wants true capitalism and where it wants to just diss the worker for as much as they can get out of him...
in theory, jobs should have come to the USA...good jobs...
but even the jobs that are here such as high tech are going to foreigners...
if Nafta works so damn well then why are we flooded here with illegals from Mexico?
I think Levin and Rush and even Becky will come around...and THERE REALLY IS NO OTHER CHOICE....
I would not be surprised that even the local branches of the C of C are not all that happy about what the main office is doing.
You mean trading $20.00 bills for $10.00s is not a good deal? Haven't you ever heard of Smoot?
Yup. Games with money. I wonder what the investors and owners of that debt think about it. Especially, every time the Fed dilutes the currency.
Unfortunately, I agree.
A correction.
The local branches of the C of C not happy with what the national main branch does.
That is good. Hopefully, the discontentment is communicated up through the chain of command.
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