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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: THE ANT who wrote (112984)8/20/2015 11:03:55 PM
From: elmatador  Read Replies (1) | Respond to of 217997
 
After the Financial Collapse of 2001, I used the Italian term parole (words) to define what AG was doing. He was using jobs numbers released by the BLS to tell how good the economy was.

At time the US 2 billion dollars were entering the US every day and over 30% of the profits in the US came from financial sector. AG was using words to prop up the US economy. The result was the finacial ciris of 2007-2008.

Perhaps the last decade will become in history, the most irresponsible economic policies implemented by a maor economic power of all times.



To: THE ANT who wrote (112984)8/20/2015 11:52:10 PM
From: elmatador  Respond to of 217997
 
Demand for the commodity called the USD has dropped. The US could print a lot of USD because there was demand for the USD to pay for goods and services.

Now that commodities (iron ore copper and the rest of it) and trade tanked, the demand for USD plummeted.