Author - semi retired business entrepreneur leader who is now a senior citizen. Current posts are about his current business experience and learnings. A former lecturer at a top GSB in the PHL for more than a decade. We had great successful entrepreneur graduates
Thursday, July 19, 2012
Why the Federal Reserve Bank is propping up US economy with more liquidity and low interest rate
A contrarian view vs D. Trump. A credit contraction will immediately trigger depression. But that is merely buying time....The inevitable collapse will happen and everybody should be prepared...
Economist Duncan: Next Depression May Be So Severe We May Not Survive
But is US now officially on depression now? Why make the suffering worse?
They would not prescribe the same stuff to LDC? It will be belt tightening, higher interest rate, low liquidity, more fiscal policies - higher taxes, better collection. tight budget....
Suffering, fiscal discipline and now for US?....
Is fasting the cure or more food intake? Can the patient still eat or it will just be regurgitated?
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