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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (125641)10/29/2012 3:17:10 PM
From: John Vosilla  Read Replies (1) | Respond to of 149317
 
I agree but Japan's debt to GDP is twice what ours is and their rates are at zero too.. At this point not sure how this finally plays out just that there are so many imbalances in our economy that really went out of control when Greenspan 'saved' us post dot com crash.. This has been building for a long time starting with going off the gold standard then taking Reaganomics which worked as a nice jolt to the economy 1983-87 and making it the holy grail each time we run into trouble along with of course lowering rates..