agman said:Econ101 said:RoperAB said:I dont know why you want to talk about Communist China? I started to read the article and then I got thinking, what does this have to do with anything?
All to get a short term gain so you can get elected. Agman applauded the capital surpluses we have in the world now, but it comes at the expense of the U.S. economy and the production of goods here.
It is unsustainable.
Fact, the U.S economy is the largest in the world at $12.6 trillion dollars soon to be $13 trillion. This massive economy is growing at a 3%-4% rate and its absolute annual growth is twice that of China. I quess our economy is really suffering!!!!!! It has been and remains the envy of the world.
The new Fed Chairman understands your comment "It is unsustainable"
so much so that he reminds himself he has heard the same for over 50 years... and the Energizer Bunny, the U.S. economy, just keeps on going. In short he has come to realize the RESULTS have never met the expectations of the naysayers. More importantly the naysayers have consistently been proved to be wrong. RESULTS... RESULTS..... that is what counts.
Agman I never wrote
All to get a short term gain so you can get elected. Agman applauded the capital surpluses we have in the world now, but it comes at the expense of the U.S. economy and the production of goods here.
It is unsustainable