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- emilnow commented Jun 9, 2013
What is becoming more and more evident is that it is unsustainable and simply unpayable. Public Debt is Like a Giant Ponzi Scheme.
- emilnow commented Jun 2, 2013
Bernanke QE has unleashed Pandora's box on us; grab some popcorn and watch the fun !!
- emilnow commented May 30, 2013
The rise in rates will be slow and controlled? This reminds me the hyperinflation in the Weimar Republic...
- emilnow commented May 27, 2013
Compare this position with the fact that Irving Fisher, one of the leading economists in the U.S. during the 1929 bubble, was heavily invested in stocks and was bullish before and after the October sell offs; he lost his entire wealth (including his ...
- emilnow commented May 27, 2013
And Bernanke hopelessly, and dangerously, devoted to Keynesian model.
- emilnow commented May 27, 2013
Compare this position with the fact that Irving Fisher, one of the leading economists in the U.S. at the time, was heavily invested in stocks and was bullish before and after the October sell offs; he lost his entire wealth (including his house) ...
- emilnow commented May 27, 2013
Just Seen It Movie From 1925 to the third quarter of 1929, common stocks increased in value by 120 percent in four years, a compound annual growth of 21.8%. While this is a large rate of appreciation, it is not obvious proof of an "orgy of ...
- emilnow commented May 27, 2013
President Herbert Hoover saw increasing stock market prices leading up to the crash as a speculative bubble manufactured by the mistakes of the Federal Reserve Board. "One of these clouds was an American wave of optimism, born of continued progress ...
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