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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: bentway who wrote (622008)7/29/2011 2:24:57 PM
From: Tenchusatsu  Read Replies (2) | Respond to of 1578594
 
Bentway, you didn't refute what I said. All you did was post another left-wing hack article that is repeating the same misconceptions you have.

The truth is that the 1937 "depression within a depression" was the result of the New Deal failing to turn the economy around. All the indicators of an improving economy was the result of artificially boosting output, but none of that was sustainable as the budget-balancing and monetary tightening of 1937 proved.

Go figure. No matter how long you hold up a house of cards, eventually it will collapse.

seekingalpha.com

Tenchusatsu