Discussion in 'Politics' started by easyt65, Jan 17, 2020.
Is a rising level of consumer debt a GOOD thing?
The State of the American Debt Slaves, Q2 2019
So you prefer remaining on your knees and being China's bit@h?! Got it...
Looks like a trend started by Barry Hussein.
China's a symptom of a debt problem that began fifty years ago in the USA:
"Inequality fuels debt crises Debt crises have become dramatically more frequent across the world since the deregulation of lending and global financial flows in the 1970s.
"An underlying cause of the most recent global financial crisis, which began in 2008, was the rise in inequality and the concentration of wealth.
"This made more people and countries more dependent on debt, and increased the amount of money going into speculation on risky financial assets."
US households are tapped out on debt: While US households are forced to eat austerity measures financial institutions load up on debt and purchase assets at rock bottom prices.
Your graph says Gipper's graph is shit.
Never would I have expected the GOP to turn into hyper-Keynesians. Virtually overnight. And proud of it.
A rock solid principle, poof, right out the window.
I guess you never know. Life is funny.
Historic trade deal?
Very funny. Did you even read what are the specifics?
Did you hear any businesses or farmers cheering jumping up and down celebrating?
The only people celebrating are the people inside the WH so Trump can be happy.
Separate names with a comma.