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Very Hot Topic (More than 25 Replies) - are we coming out of the 2008 to 2017 economic depression? (Read 4,378 times)
katsung47
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Re: - are we coming out of the 2008 to 2017 economic depression?
Reply #50 - Mar 13th, 2018 at 4:27pm
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RETAIL APOCALYPSE, Thousands MORE Stores are Closing!

3/6/2018

https://www.youtube.com/watch?v=Rk06NMLzOY0
  
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katsung47
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Re: - are we coming out of the 2008 to 2017 economic depression?
Reply #51 - Mar 26th, 2018 at 7:47pm
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The US Economy is only Growing Because of Deficit Spending

This study shows that since 2008 and the great Recession the economy didn't grow at all if you deduct the injection of debt financed deficit spending. Here is a chart of GDP minus deficit spending:

https://www.zerohedge.com/sites/default/files/inline-images/2018-03-16_14-10-06....

https://www.zerohedge.com/sites/default/files/inline-images/2018-03-16_14-10-06....

This is sort of like a homeowner borrowing a lot of money on his house. It seems he's richer and can afford more purchases, but it only depletes his net worth. In the future, if a recession arises, much more debt will have to be created. It's true that there is no limit on how much money can be created by the Federal Reserve, but diluting the dollar could cause it to collapse like Venezuela.



https://www.zerohedge.com/news/2018-03-16/us-economy-really-growing

http://lunaticoutpost.com/thread-17473.html
  
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Re: - are we coming out of the 2008 to 2017 economic depression?
Reply #52 - Apr 8th, 2018 at 6:02pm
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On The Yuan-Oil Futures Contract & Gold


by Tyler Durden      Fri, 03/30/2018

Trading in the new Shanghai oil future commenced last Monday, and on the first three days trading there were 151,804 contracts traded with a turnover value of 65bn yuan.
........
The introduction of the oil-for-yuan futures contract gives these nations the opportunity to match a sale of oil for yuan with a matching purchase of gold for yuan on two exchanges, Hong Kong and Dubai.


https://www.zerohedge.com/news/2018-03-30/yuan-oil-futures-contract-gold

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katsung47
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Re: - are we coming out of the 2008 to 2017 economic depression?
Reply #53 - Apr 22nd, 2018 at 7:14pm
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March 11, 2018
US credit card debt hits $1 trillion

Wallethub.com asserts that the average US household owes some $8,600 in credit card debt, cited by Abcnews.go.com.

http://iran-daily.com/News/211454.html
  
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Re: - are we coming out of the 2008 to 2017 economic depression?
Reply #54 - Apr 22nd, 2018 at 8:31pm
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- cant find a US news site?
  

Welcome to the Liberty News Forum - News and Political Discussion Forum.
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Ulysses
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Re: - are we coming out of the 2008 to 2017 economic depression?
Reply #55 - Apr 22nd, 2018 at 8:40pm
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I'm familiar with the 2002-2008 Bush Great Recession.

Things have been on the upswing ever since about 2010, when Obama's policies started taking effect.
  

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TowardLiberty
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Re: - are we coming out of the 2008 to 2017 economic depression?
Reply #56 - Apr 22nd, 2018 at 8:46pm
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Ulysses wrote on Apr 22nd, 2018 at 8:40pm:
I'm familiar with the 2002-2008 Bush Great Recession.

Things have been on the upswing ever since about 2010, when Obama's policies started taking effect.

Oh man. That's good.  I don't think you're being sarcastic or ironic. But it is possible.

If so. Points.
  

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Re: - are we coming out of the 2008 to 2017 economic depression?
Reply #57 - Apr 22nd, 2018 at 9:32pm
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TowardLiberty wrote on Apr 22nd, 2018 at 8:46pm:
Oh man. That's good.  I don't think you're being sarcastic or ironic. But it is possible.

If so. Points.

So we didn't come out of the Great Reccession.
  

Jasmine wrote on May 6th, 2018 at 7:43pm:
Yes, I heard about this. Just goes to show McLame’s true loyalties. Hopefully, Trump won’t go to his funeral very, very soon.


TowardLiberty wrote on Mar 29th, 2018 at 8:34pm:
I'll try but it might be beyond my ability. Insulting is "like 90% of what I do here."
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TowardLiberty
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Re: - are we coming out of the 2008 to 2017 economic depression?
Reply #58 - Apr 22nd, 2018 at 9:36pm
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Wadsworth wrote on Apr 22nd, 2018 at 9:32pm:
So we didn't come out of the Great Reccession.

Is that the implication you're drawing from my post?
  

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Ulysses
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Re: - are we coming out of the 2008 to 2017 economic depression?
Reply #59 - Apr 22nd, 2018 at 9:48pm
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TowardLiberty wrote on Apr 22nd, 2018 at 8:46pm:
Oh man. That's good.  I don't think you're being sarcastic or ironic. But it is possible.

If so. Points.


You don't think Obama's policies, such as the stimulus bill, helped to stem the economic free fall? And other measures, such as increased regulation of the financial industry, helped to prevent a recurrence? Or that measures to help people with homes under water keep their homes didn't help? Or that the ACA, which really did make adequate health insurance available to many millions, didn't  help?

From personal experience, most all of those Obama measures helped me and others. When they stopped helping it was usually  because the GOP Congress refused to support them, or the economic recovery that Obama helped to create led to better times. Now we have a president who appears to be dead set upon reversing Obama's policies, regardless of who he hurts.

Deplorable.

  

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