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Sign up with Google Sign up with FacebookQ: Can you trust the elite,absolutely not?
http://www.latimes.com/opinion/op-ed/la-oe-baker-bailout-20180914-story.html
yes folks, the wise establishment of both parties bailed out the liberal limusine wall street banker, crashed the middle class, doubled national debt, made healthcare more expensive than car payments, and went from 2 countries in military conflict to seven and both parties let it happen.
People wonder why I left the place, gee, I don't know, maybe, self preservation of my wallet.
5 years 26 weeks ago in Business & Jobs - China
https://www.newyorker.com/magazine/2018/09/17/the-real-cost-of-the-2008-financial-crisis
Ok folks repeat after me, Unintended consequences, good next word, BACKLASH
lesson over, dont forget your homework
https://www.newyorker.com/magazine/2018/09/17/the-real-cost-of-the-2008-financial-crisis
Ok folks repeat after me, Unintended consequences, good next word, BACKLASH
lesson over, dont forget your homework
10 Years After The Crisis... They're Doing The Same Thing & Expecting Different Results
Einstein would be furious...
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- 21359
- Sep 17, 2018 8:56 AM
icnif77:
So let’s look at the other side of things.
Sure, financial markets have increased. Wages have (barely) increased. Economic output has increased.
But what’s really increased?
DEBT.
Look at the Land of the Free as a classic example: US GDP is up 38% over the past decade. Great.
But over the same period, the US national debt has increased 122%!
In other words, in the last ten years, the US national debt increased by more than $3 for every $1 increase in GDP. It’s brilliant!
And it’s not just Uncle Sam. Overall government debt across the world has TRIPLED since Lehman’s collapse to $63 trillion…