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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (856131)5/13/2015 2:18:24 PM
From: Tenchusatsu  Read Replies (1) of 1573954
 
Ted,
I guess you never really bothered to read about Greece and its failings. If you had, you wouldn't have made such a silly comparison.
Greece is an extreme example, but the similarities between it and the path we're taking here in America are striking.

Think about why the federal deficit is still half a trillion dollars a year, even as unemployment hits 5.3% and stock valuations continue to be sky-high. Even real estate is making huge gains this year.

The Fed continues to keep interest rates at historic lows, and there is no sound plan to raise them. By the time the next recession hits, the Fed will be completely out of ammo.

THEN what say you, Paul Krugman, and Steve Benen? Blame it on the Republicans, as usual? LOL, if only you could take such partisanship to the bank.

Tenchusatsu
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