Quote:
Originally Posted by pwd72s
Tabby, it's not like Cindy & I just discovered the central banks intervention...I just posted the link to inform others.
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That line forms right behind me....
The minute GW came on the Tube in 08 was the minute I knew the ground under our feet had changed. The powers in charge thought, "Ohh this can be fixed, let us just apply the standard fiscal and monetary measures and we will get back to normal." As time has moved on and each of those measures that they took have not worked. The situation continues to deteriorate as debt continues to climb and monetary policy is still continuing to ameliorate the situation with liquidity. Again it is a race to see which implodes first US debt obligations or the USD. I have been saying this for years now.
What nobody is willing to admit is that there is a direct correlation between political and civil unrest and how bad and or dire the economic situation is. While the Central Banks policies have provided economic stability they have not been able to ameliorate the causes of the economic malaise. As such the stresses being built up in the economy show up politically and socially in the form of instability and unrest.