Wednesday, June 23, 2010

Mailbox

Some good observations from Bob

People talk about cycles and super cycles as if they occurred out of nowhere. They all happen by design. As an example, the economy has improved, but that is because of $800 billion in stimulus and Fed spending. The growth that evolved was tepid at best. Now that the economy is trailing off, the stimulus having expended itself, and the question is what comes next? The only way to stave off recession/depression is to have another stimulus plan. That, of course, doesn’t affect the root causes - it just gains time.

Source: theinternationalforecaster.com

0 comments:

Post a Comment