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Titled "Bernanke: The Wizard Of Potemkin," this presentation offers a sobering look at the anemic U.S. economy, the labor market mess, and the Federal Reserve's controversial efforts to get everything back on track. Source
Before you can even think about getting bullish, you must consider the eye-opening charts from Rosenberg's presentation.
Originally posted by jude11
You're assuming of course that they actually want to save the economy instead of destroying it.
Personally, I see the latter as being true.
Originally posted by MyHappyDogShiner
Those who do not remember history are bound to repeat it.
Originally posted by dreamingawake
ROSENBERG: The Fed Is Trying Like Crazy, But Nothing It's Doing Can Save The Economy
Originally posted by Xeven
Only way to fix it is find a way to get the money that the 1% have and flow it back through the middle class who will spend it and stimulate the economy, jobs etc...
A society can't function when 1% of the people have nearly all the wealth. Earned or not that money must be put back into the hands of people who will spend it. Expenditure of money on goods create demand and jobs.