Quote:
Originally Posted by SenorKeeed
Right, without the fed appropriately stimulating the economy, the economy would be in much worse shape. Clearly. You haven't, of course, even come close to showing why that stimulus was not appropriate and prudent.
As usual, captain obvious, you guys continue to misunderstand the dynamic at play here. Seven years in, and it's still the same mental blockage from Team No Problem.
I'm not arguing that it wasn't "appropriate." I'm arguing why it was even necessary in the first place.
Jeezus Kryst. When does the light go on for any of you trolls?
Of course it was f***ing appropriate, ... in the same sense that triple bypass surgery is appropriate for a man with clogged arteries. Should he change his habits after surgery? Or just rest assured that the "completely normal and routine" procedure fixed everything? Idiot.
The global economy was absolutely on the verge of collapse in fall 2008, and many other times since. Bail outs, bail ins, TARP, bond buybacks, ZIRP, NIRP - money printing. They morphined the problem every time. They have not acknowledged the diagnosis.
I'm asking for any one of you to explain what IS the cause of this decade-long malaise, if it's somehow not years of triple digit oil prices (yes, caused by the end of easy energy - peak oil). If it's somehow not net energy decline, then what is causing it all? And what is the solution? Why haven't any of your financial overlords enacted that solution by now?
None of you seem to have that narrative.
You're just certain it's not peak oil, ... because loljiggs peak oil is not happening, and OK so even if it was, it somehow wouldn't ever slow growth, nor correct bubbled asset value, nor slash municipal budgets, nor crush consumer spending, nor ignite conflict within oil producing/transporting regions ... because reasons.
Last edited by JiggsCasey; 07-09-2016 at 11:30 PM.