link: http://bit.ly/1RrCeI9
Hot And Trending...
Trending
- Is there a term for the opposite of unemployment rate?
- Gold Is Simplest Diversifier Against Overvalued US Dollar & Stocks (Video) @SchiffGold https://t.co/lJjIhaqJ0c
- @Awyee707 They have it backwards. Growing economies increase production, which kips a lid on prices, or causes them to fall. Weak economies result in less production and higher prices.
- Why are markets so excited about the Atlanta Fed's Q2 GDP forecast? If it's as accurate as their Q1 prediction we are likely in recession!
- Deflationary spiral in a commodity based currency
- The fake bars were primarily made of nickel or copper, and contained only about $1 in gold. http://bit.ly/2nZThv1
- Does your wallet feel lighter after taxes? The tax man cometh. And he'll be back. http://bit.ly/2pWQ7nZ
- The World Gold Council called it the “biggest fiscal reform since India’s liberalization in the early 1990s.” http://bit.ly/2rmTftX
- #Trump should stop tweeting about how high the stock market is, how great the economy is doing, & taking credit for both. It will backfire!
- As Yellen and the Fed stick with rate hike goals, new members will make their current stance irrelevant: https://t.co/IOGEcgrJL2
Wednesday, January 6, 2016
How will this great depression be remembered in the future? How wil it be explained in the history books?
^sorry, ^will So my view is that we're in a great depression that started in about '07. The FED managed to blow gigantic bubbles to postpone the inevitable and make matters worse. This view is probably pretty common in this sub. What I'm wondering is, how will this depression be remembered in a few decades? We all know this crisis is caused by the expansion of cheap credit and malinvestments in the economy but are there any hints to what the depression will be blamed for? What do you think will get the blame and are there any hints that point to this? Will it be globalization or cold winters, automization or the energy crisis, War in the Middle East or not enough money printing?