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It would in fact be Obama to blame because he had eight years to at least try to do something, anything, and he did nothing.
If Obama didn't do anything for 8 years, then you should be happy because you folks preach all the time about the government not doing anything and letting the free market handle things itself.
The 7 year cycle is just a historical trend. It's not a rule. If it was, we would be in a recession now. The last recession was 8 years ago. Actually 9 years ago
A Trump presidency is gonna either stoke fear in the economy, or there will reform legislation that runs the financial market amok.
How can you blame Trump for the impending recession? Was Trump responsible for lowering interest rates and creating an artificial economy? Does Trump have any control over global crude production? Did Trump force American consumers to make bad decisions?
Do you not understand that recessions take time to occur?
How can you blame Trump for the impending recession? Was Trump responsible for lowering interest rates and creating an artificial economy? Does Trump have any control over global crude production? Did Trump force American consumers to make bad decisions?
Do you not understand that recessions take time to occur?
He's gonna sign reform legislation that would induce risks in the financial markets. I said this in the post you quoted.
It would in fact be Obama to blame because he had eight years to at least try to do something, anything, and he did nothing.
Obama did what he had to do to get the Democrats re-elected. He used monetary policy to lower interest rates and create an artificial economy, which inflated all asset prices.
It's what the global economy decided to do in order to promote growth. When one country lowers interest rates, another must do the same in order to depreciate their currency. It's a race to the bottom.
The 7 year cycle is just a historical trend. It's not a rule. If it was, we would be in a recession now. The last recession was 8 years ago. Actually 9 years ago
A Trump presidency is gonna either stoke fear in the economy, or there will reform legislation that runs the financial market amok.
If you want to be foolish enough to dismiss the historical trend, go right ahead.
I did explain in my previous post why the start of the next recession has been delayed.
Throw ignorant, destructive, anti American into the mix above, and it = 0bama.
But seriously.......0bama. Who single handedly increased the deficit more than all other POTUS' combined.
CN
That would have happened regardless of who was president. Our chief executives are addicted to being Santa Claus. The only distinction among them is who gets the goodies and who gets the coal.
Well, when Filthyfed raises interest-rates.......you will see various bubbles deflating, if not bursting.
Who is to blame for that????
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