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


To: Bonefish who wrote (968926)10/9/2016 11:56:25 AM
From: John Vosilla  Respond to of 1578288
 
Not looking good going forward. I was pissed what was going on a decade ago. Obviously the housing/credit bubble always was my biggest passion.. Now the problems under this president are magnified ten fold compared to back then and the house of cards economy only being held up by ZIRP, the fed and reserve currency. Trickle down of a different sort this time not working courtesy of the fed.. Latest executions of police by thugs is all on Obama and his DOJ. ISIS and what has already happened to destroy parts of Europe due to mass immigration is quite disconcerting..

Interesting look at the debts built under presidents the past 80+ years. Notice only one year from 1948-80 made the top 20 I believe under Ford coming out of the 1973-4 recession. Ike is my hero as I was born the last year he was president. Notice the build up has been most all on Obama, Reagan and FDR's watches. Total federal debt now exceeds GDP for the first time since coming out of WW2 with no end in sight. Many elephant's in the room from healthcare to the nanny state to interest expense that could easily result in trillion dollar a year deficits even in 2-3% GDP growing years just by itself if/when rates normalize.. No wonder Paul Ryan always has that concerned look on his face..

.http://federal-budget.insidegov.com/