HFSniper Posted April 24, 2020 Share Posted April 24, 2020 Blog/Economics Posted Apr 23, 2020 by Martin Armstrong COMMENT: Mr. Armstrong; Your letter has circulated here in the _________________ Parliament. I must say, it is brilliant. The problem is most people see just writing checks is easier to understand than actually suspending expenses. I fully understand whilst you cannot terminate the income side of their balance sheet without also suspending the expenses, it is a concept that is not easily seen as a solution. I believe the pain has to get worse before they will listen. Cheers Anonymous REPLY: I find it just astonishing that there is a complete lack of common sense in representative government. They cannot continue to just subsidize people with no comprehension of where this ends. The deleveraging in the global economy is more than $100 trillion dollars. You cannot create enough money to even soften the blow. You would think that after the failure of Quantitative Easing since 2008 its utter failure to rekindle the economy, that a light would at least go off in someone’s head and they would ask: Why has this never worked? https://www.armstrongeconomics.com/armstrongeconomics101/economics/when-will-a-light-go-off/?utm_source=Newsletter&utm_medium=Email&utm_campaign=RSS Link to comment Share on other sites More sharing options...
Karlston Posted April 24, 2020 Share Posted April 24, 2020 Also moved from General News. Link to comment Share on other sites More sharing options...
sky19 Posted April 24, 2020 Share Posted April 24, 2020 Delete post intantly when you don't like something, you're an administrator! ... Link to comment Share on other sites More sharing options...
lurch234 Posted April 24, 2020 Share Posted April 24, 2020 Link to comment Share on other sites More sharing options...
Arachnoid Posted April 24, 2020 Share Posted April 24, 2020 Does this bot know any decent websites that dont have rambling lunatics attached to them? Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.