Tuesday, February 2, 2016

Dean says 2008 dunnit

Dean:
The world economy suffers from pretty much the same problem it has faced since the collapse of the housing bubble threw the world economy into recession in 2008-2009: a lack of aggregate demand. Prior to the collapse of housing bubbles in the U.S., much of Europe, and elsewhere, the demand created by these bubbles drove growth.





Not quite says  I:


The  Nixon shock of 1972 has run its course.  I doubt the blue will go much lower, so the red can't be jumped up, a little combinatorics tells us.  But, we are clearly taking a journey though the standard American monetary cycle.   I have to warn everyone, banker bot does a  monetary cycle every few days, you are gonna need a new dollar technology.

The central banker  needs to boot the US Senate from the member seat, or the bot is going to boot the central banker..

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