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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (8070)10/6/2021 12:21:31 AM
From: robert b furman  Read Replies (2) | Respond to of 13803
 
Hi john.

They've put themselves in the corner. No where to go.

There will come a modern day Volker and those with excessive debt will fail.

With the sovereign debt load a point or two is a death blow.

Either that or the inflation will be embraced to devalue the Buck.

I think it is clear which one will be pursued.

Get ready for inflation and higher taxes.

Hate to say it, but it appear inevitable.

Our politicians have sold out the conservative savers.

Bob



To: John Vosilla who wrote (8070)10/6/2021 1:54:35 AM
From: elmatador1 Recommendation

Recommended By
pak73

  Read Replies (1) | Respond to of 13803
 
Hey John,

When the ordinary people start thinking that money comes from government and not as fruit of productive capital and productive labor things go fast off hand.
Governments love that! It gave a power to do whatever they want just need to promise they come as saviors.

The US was very unlucky to get a Biden government because he will dig the hole big.

There is a tendency of people (specially the new generations, ok we have Elroy Jetson too) start believing more and more that it only needs government intervention to get problems solved, yes you guessed right, throwing wads of money at the problems.