@@darinhunter The Debts seem to have replaced Government spending to support the GDP? US Consumers were reported to support the positive nature of the reported GDP #...... The US Fiat Dollar sadly expired 20 years ago. The USA is now a Zombie Economy, supported by Media consuming brains...... We just lack the perspective to understand..... Bernanke and Paulson asked the 5 big Bankers to allow more Credit in 2008. Consumer Debt is at $17.8 trillion approx..... The increase since 2008 was $5 trillion. Say thanks to Ben Bernanke and give the man a Teddy Bear , or an economic prize..... Monty Python would say, " My Brain Hurts!":
They need to open up the market and get the economy going.
Unfortunately, I think they have bigger plans of crushing the labor market. IMO
A 5% rate used to be normal. It gave a reason to save money. Now it seems that is never mentioned.
This is a great time for savers. We do not live in that world…at least at the moment, according to the amount of credit debt outstanding.
@@darinhunter The Debts seem to have replaced Government spending to support the GDP?
US Consumers were reported to support the positive nature of the reported GDP #......
The US Fiat Dollar sadly expired 20 years ago.
The USA is now a Zombie Economy, supported by Media consuming brains......
We just lack the perspective to understand.....
Bernanke and Paulson asked the 5 big Bankers to allow more Credit in 2008.
Consumer Debt is at $17.8 trillion approx.....
The increase since 2008 was $5 trillion.
Say thanks to Ben Bernanke and give the man a Teddy Bear ,
or an economic prize.....
Monty Python would say, " My Brain Hurts!":