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Politics : Formerly About Advanced Micro Devices
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To: bentway who wrote (805713)9/8/2014 5:48:14 PM
From: Tenchusatsu3 Recommendations

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Bentway,
What Reagan inherited was a DELIBERATE RECESSION, and an economy already on the mend, due to Paul Volker's raising interest rates, which Reagan wisely continued.
A "deliberate recession" caused by the massively failed economic policies of the Carter Era, which led to stagflation and the repudiation of inflationary Keynesian economics.

A "deliberate recession" that will pale in comparison to what happens when the bubble economics that Obama and the rest of the world (Japan, EU, even China) is pursuing finally bursts.

But hey, why worry when the stock market is making new highs? As long as you sell at the top (like what Bill Clinton did politically), you're covered ...

Tenchusatsu
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