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Old 09-03-2017, 07:42 AM
 
442 posts, read 203,177 times
Reputation: 464

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Quote:
Originally Posted by Ro2113 View Post
Do you have any evidence to back your claim or are you peddling nonsense based on blind partisanship?
There is parisan crap going both ways. It is on this thread and many others under the broad economics section, despite the sticky indicating that it should not be part of the economic section. There is a political board, which is a much more appropriate section for those kind of discussions.
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Old 09-03-2017, 12:13 PM
 
4,910 posts, read 2,340,608 times
Reputation: 9080
Quote:
Originally Posted by C2BP View Post
The so called economic recovery and growth is just an illusion and everyone knows it.
Love it when you describe your one-off extreme minority opinion as "everyone" it takes a special ability to suspend reality.
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Old 09-08-2017, 11:55 AM
 
774 posts, read 420,002 times
Reputation: 1125
Quote:
Originally Posted by lieqiang View Post
Love it when you describe your one-off extreme minority opinion as "everyone" it takes a special ability to suspend reality.
You are the one who lives in denial. You don't even live in US, how would you know American reality.
I understand very well that higher interest rates, deflation/default, lower debt rates has to eventually emerge out of this horrific world that we have now (low wages, debt slavery, wider gaps between the rich and poor).
But I also realize that the people who run this country, who run the world did not want the world to be reformed back in 2001 and then again in 2008 by deflation and depression and chaos and revolution. Have they learned how to repress history, by stealing future tax receipts from unborn generations and by keeping the masses working for declining wages and by manufacturing more debt slaves simply by lowering interest rates for ever?

You should know and understand at least that FED lowered interest rates alllowed corporations to sink billions into buying their own stocks to keep the markets from collapsing - and to allow factually defunct corporations from evaporating in bankruptcy. Central bankers and professional governmentalists know that a major collapse of the stock markets and real estate prices will likely lead to their own loss of employment and to the inauguration of the Pitchfork Stage. To protect themselves and theirs they have engineered biggest scam and theft of public money that our world has ever seen. They cannot let stocks and real estate collapse now.
I don't believe this type of intervention can be perpetually effective. You can't cheat Mother Nature forever.
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