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Karl Denninger- We Could Be Headed for a 1930s Style Depression. The longer t
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2014 Oct 1, 2:01am 1,928 views 2 comments
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1
tatupu70
2014 Oct 1, 2:07am
tatupu70
2014 Oct 1, 2:07am
He's correct about the potential for a 30s style depression, but it has nothing to do with the Fed. As has been shown many, many times here--income/wealth inequality is the true cause.
2
HydroCabron
2014 Oct 1, 2:14am
HydroCabron
2014 Oct 1, 2:14am
but it has nothing to do with the Fed
All bad events can be traced to the Fed's shenanigans, apparently.
It's amazing how long the sky can fall before landing.
Government not spending on infrastructure because blacks might benefit; businesses hoarding cash because there's insufficient demand for products due to low wages: neither of these matters, because THE FED.
Karl Denninger- We Could Be Headed for a 1930’s Style Depression…. ‘The longer that the Fed stays involved in their manipulation of market rates, the more likely it becomes…’
Read more at http://investmentwatchblog.com/karl-denninger-we-could-be-headed-for-a-1930s-style-depression-the-longer-that-the-fed-stays-involved-in-their-manipulation-of-market-rates-the-more-likely-it-becomes/#4s2EUGBS3cZsbE6O.99