Recession incoming

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anonymous_coward
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Joined: 10/21/2016 - 12:18pm
Recession incoming

Ruh Roh
http://www.zerohedge.com/news/2017-02-10/recession-alert-treasury-receip...

He can't afford to get us into a trade war, it would be disastrous. Am fine with going into more debt if more economic fundamentals start to show signs of deterioration but a full on trade war with anybody would be a bad move.

Tom C
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Yeah, it's all about the

Yeah, it's all about the economy. Obummer's economy was so great that Hillary got elected.

Oh, wait.

pmconusa
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We have been in recession

We have been in recession since 1910 when gold began to cost more to produce than its imputed market value. It began accelerating in the 1930's when the real backing of the currency started producing more currency than was being produced. It accelerated with each borrowing and will continue at a steady rate because we are still producing more currency than we consume. It is a zero sum game I have described in my book "The Real Economy" and can continue only so long as the cost of consumption is less than the cost of production. We reached that point in the mid 1980s and its effects are now showing in the growing number of homeless outside the safety net of welfare.

Bruce Libby
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It is in the book .

It is in the book .

Jasper
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Brucie, as a troll, you're an

Brucie, as a troll, you're an epic fail.

Ugenetoo
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Speaking of failures.....

Speaking of failures.....
Mom says to get up and take the garbage out.
And don't forget to put on your slippers this time.

Bruce Libby
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S,megma

S,megma
Then you contact the Honorable Justice Daniel Billings ( pig at the trough) and tell him he was in error.
But besides that ,that wasn't a troll.
I am a true believer since everything pmconusa is the truth.
But thank you for the compliment !

Toolsmith
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If we troll PMC enough, we'll

If we troll PMC enough, we'll get to read the whole book for free!

pmconusa
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Joined: 04/20/2000 - 12:01am
Don't blame me or give me

Don't blame me or give me credit, I'm just the messenger.

pmconusa
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Joined: 04/20/2000 - 12:01am
Toolsmith: You have to buy

Toolsmith: You have to buy the book "The Real Economy" to understand where we are going and why. My series which I have been posting for free just tells you how the Progressives led you down the path we're on.

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