Mon, 19 Nov 2012, 11:46pm PST
We need more recessions and less Bernankessions.
Resesscions end eventually, there's just no end in sight for the Bernankession.
I mean the prices rise, and there's no inflation.
Wages plummet and it's reported wages are rising.
Employment above 20% and it's reported at 7.8%.
Explain to me again why a recession would be so bad?
Tue, 20 Nov 2012, 1:24am PST
Nation's been living on credit since 1999 -- first the corporate debt of the dotcom era, then the household debt of the housing boom, and now the government debt of the "recovery".
To fix things taxes have to double in this country. Across the board, more or less.
Tue, 20 Nov 2012, 1:31am PST
I know what I see.
When I first moved to California, there was a three year waiting list for any available storefront along Ventura Boulevard stretching from Sherman Oaks to Woodland Hills.
Still, from Sherman Oaks to Woodland Hills there are empty and available commercial properties.