If the economy can’t stand on its own two feet after 14 years and at least $40 trillion in free cash printed from the ether, then none of what was done did anything.

by
Sharing is Caring!

by Chris Black

You can’t fix structural problems with a fresh coat of paint and saying everything looks good.

The Fed broke everything in 2009.

They managed to blow the biggest bubble of all time, but a bubble is just filled with air, supported by its ever expanding surface, getting thinner as it grows.

See also  “17 Military Bases Adjacent To Chinese-Owned Farmland” Have Been Swarmed By Mystery Drones, And This Phenomenon Goes Back For At Least A Year

Apple is worth $3 trillion, but the actual worth to the world is zero.

If the company disappeared tomorrow, everyone who doesn’t own anything Apple would never notice.

Those that do would just need to buy a new phone.

See also  If Michael Saylor is a genius, why does he need to keep telling people to buy his stock and borrow massive amounts of money? If Bitcoin collapses he faces a massive margin call from his lenders. No one will lend him money, he can't issue new stock.

Not an end of the world situation.

A sign of economic apocalypse is the fact that homes are unaffordable in 99% of the country.

That says that jobs can no longer provide a basic lifestyle.

No Gavin, making fast food places pay workers $20 an hour isn’t going to fix that.


109 views