Hard to say, this crony stuff is really killing economic growth.
Back in 1920-s the dollar was gold. If we still
did that now, we'd discover the US GDP now is about the same as
it was 40 years ago despite population growth, and the DOW is
trading at the same level as it did 82 years ago, in 1927. Now,
THAT's scary, but at least the dividends did pay something for
82 years, maybe not now, but back then they did. That's some
major stagnation, not growth. Japan became a major global
economic power, had a bubble, then crashed and could not
get out of the consequences for its own eternity during all this
time. -g-
Overall, it seems the Fed caused 100 years of stagnation. We'll
just all be happier killing 'em. There is ALWAYS corruption and
cronyism around the printing press, we have to eliminate the
source. Oh, and here is another megaphone for you. GULP! <G>
We are here:
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