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Old 03-19-2021, 07:32 AM
  #3  
Xtreme87
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Joined APC: Sep 2014
Posts: 1,316
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Originally Posted by turbojet28 View Post
This “reset” is going to happen at some point, regardless of anyone’s feelings or anyone’s monetary or fiscal policies. The simple laws of economics will rule at the end of the day. Production and saving, leading to investing in other productive enterprises are the activities that naturally drive real growth in economies, not consumption and debt. An economy whose consumption is largely sustained by debt is sick, not healthy. It’s just a matter of time before the house of cards comes tumbling down. No lessons were learned from 2008. That was merely a growth pang of the total economic bubble that has been inflating for a few decades now. The “solutions” that brought us out of 2008 were nothing more than band-aids. Much of the fiscal and economic policy of the last number of years has merely pushed off until later the reckoning that will eventually come. I hope I’m wrong.
I think you’re spot on. The problem is, the people that led us into this mess, are going to run off with the world in their hands and leave you with nothing. They created this and they will never see punishment for their crimes as they run off to their Swiss chalets and New Zealand bunkers.
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