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Well it looks like world economies are imploding for the third time in fifteen years. You figure the Fed's will apologize? Maybe? Greenspan gave his mea culpa speech once he was safely away from the Fed. Can't wait to hear Yelen's excuse for blowing up the world economies just so the Fed's could take care of the top 1%. I guess she'll just say she's sorry for being such a Puppet of the ulta-Rich, right next to her pals Obama, Bernanke, Summers, and Geithner.
Well it looks like world economies are imploding for the third time in fifteen years. You figure the Fed's will apologize? Maybe? Greenspan gave his mea culpa speech once he was safely away from the Fed. Can't wait to hear Yelen's excuse for blowing up the world economies just so the Fed's could take care of the top 1%. I guess she'll just say she's sorry for being such a Puppet of the ulta-Rich, right next to her pals Obama, Bernanke, Summers, and Geithner.
The world economy was already doomed well before Yellen became Fed Chair. I would blame Bernanke more so than Yellen.
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Originally Posted by lieqiang
On a related note, will you be apologizing if the world economies don't implode as you claim?
He/she won't have to apologize for anything. The world economies will implode. It is a mathematical fact.
Some wild claims have been advanced, but I did not note any lines of reasoning in support. Makes me wonder if the posters advancing the claims really believe them or if they simply enjoy attempting to rile other people up.
If it is a mathematical fact you'd be able to tell me the date of the implosion.
There is no way for anyone to predict that.
Quote:
Originally Posted by Escort Rider
Some wild claims have been advanced, but I did not note any lines of reasoning in support. Makes me wonder if the posters advancing the claims really believe them or if they simply enjoy attempting to rile other people up.
The Bank of International Settlements came out last month and said the central banks are defenseless against the next crash.
The world economy was already doomed well before Yellen became Fed Chair.
The world's central banks have been doing everything to prevent the worst case scenario.
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We've often seen the phrase, "Saved by WWII" when seeing the analogy between now and the 1930s. Then the world was in disarray, based on economic constraints rooted in WWI reparations, the expansion and bursting of the stock market, and world wide abject poverty.
Saved by a war that cost 60 million lives? What was the option? The starvation of the poorest had begun in Eastern Europe, and revolution was in the air in United States. No one can contemplate the extent of the disaster that is coming now, since we don't conceptualize WWII as being caused by economics.
Perhaps it's time to promote this explanation, so it would be clearer just what kind of a precipice we are now looking over.
The world's central banks have been doing everything to prevent the worst case scenario.
Consider the possibility that they are creating the worse case scenario by transferring all of the wealth of the world to the top 1%. They are all just willing puppets.
Sure there is, YOU said it was a mathematical fact.
If you're able to use available data to produce a mathematical proof showing the world economies will implode then that same proof would tell you when.
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