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Re: Big Miss 69

By: faul in ALEA | Recommend this post (0)
Fri, 01 Jun 12 6:31 PM | 62 view(s)
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Msg. 08225 of 54959
(This msg. is a reply to 08224 by Cactus Flower)

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Hi Alea....

There is no recovery........there won't be one...
It's QE money printing to infinity & massive dilution
of Fiat currency........the world's debt ponzi scheme
is going to collapse.....

Central banks have given Trillions since 2008 to support
the banking system,not to support their populations....

Doma.


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The above is a reply to the following message:
Re: Big Miss 69
By: Cactus Flower
in ALEA
Fri, 01 Jun 12 6:11 PM
Msg. 08224 of 54959

Hi doma,

What is going on is surely not so unexpected.

The stimulus was working. The stimulus has been petering out. The Republicans resisted extending the stimulus. We are now in the scenario the neo-Keynesians predicted. The recovery is losing steam.

For myself, I hoped that the private sector would commit to the recovery. They have not done so in the volumes I expected. So the momentum is slipping away.

I don't doubt the figures when they support me. I don't doubt them when they go against what I would have them do. This is a reflection of the decisions taken by politicians.


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