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He appointed Yellen who kept interest rates way too low and overheated the market. Blame falls on Obama for the appointment. Thank God Trump has the sense to get rid of her.
The only thing worth debating is whether Obama/Yellen did this intentionally when rates obviously needed to be raised more this past year.
If we had a wiser Fed Chair, this would never have happened.
He appointed Yellen who kept interest rates way too low and overheated the market. Blame falls on Obama for the appointment. Thank God Trump has the sense to get rid of her.
The only thing worth debating is whether Obama/Yellen did this intentionally when rates obviously needed to be raised more this past year.
If we had a wiser Fed Chair, this would never have happened.
He appointed Yellen who kept interest rates way too low and overheated the market. Blame falls on Obama for the appointment. Thank God Trump has the sense to get rid of her.
The only thing worth debating is whether Obama/Yellen did this intentionally when rates obviously needed to be raised more this past year.
If we had a wiser Fed Chair, this would never have happened.
Actually, I blame this entire stock market correction on crooked Hillary and her taking of innocent lives at Benghazi. That and all her emails and stuff. That is absolutely to blame for this 10% dip in the stock market.
Create so much debt and then agree to add more debt. About 2.5 trillion total. Then watch as interest rates will sky rocket, especially on the corporate side, those tax cuts are gone.
The big crash will be because there is too much debt that can't be repaid. It is a problem that is decades in the making. Trying to blame any one person is like blaming a steak for heart disease.
I bet I could find a post from you within the past three months that says Obama should get credit for the rapid increase of the market.
Now Trump owns it.
What changed? Did Obama sign the title deed of the stock market over to Trump?
Quote:
Originally Posted by Chango
The big crash will be because there is too much debt that can't be repaid. It is a problem that is decades in the making. Trying to blame any one person is like blaming a steak for heart disease.
Yes and of course you gave Yelllen credit for record market returns before the record losses
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