Interest Rate Cut? Sleep it Off - Overall Things Look Good [View article]
You obviously spent a lot of time writing this so I’ll comment.
1) like you said, ‘everybody’ was into real estate speculation, that makes their voice louder than yours; people who want to get elected need to win the most votes possible
2) in a monetary system that is built on debt, deflation is the devil; they simply cannot risk equities + housing dragging everything down
3) wall street is the top contributor to election campaigns
While sad, if you had leveraged yourself to the hilt and relied on getting bailed out, you would probably be further ahead now. I agree with your article in general though.
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You obviously spent a lot of time writing this so I’ll comment.
Aug 23 11:38 am
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All Comments by aerius »Interest Rate Cut? Sleep it Off - Overall Things Look Good [View article]
1) like you said, ‘everybody’ was into real estate speculation, that makes their voice louder than yours; people who want to get elected need to win the most votes possible
2) in a monetary system that is built on debt, deflation is the devil; they simply cannot risk equities + housing dragging everything down
3) wall street is the top contributor to election campaigns
While sad, if you had leveraged yourself to the hilt and relied on getting bailed out, you would probably be further ahead now. I agree with your article in general though.