What happens when declining revenue results in over-leveraged businesses being unable to make the interest payments on their debts?
What happens when over-extended workers living paycheck-to-paycheck get laid off and can’t make their mortgage, car loan, or credit card payments?
Mar 5, 2020
The Fed Can’t Stimulate The Economy During Downturns
The Federal Reserve should not even have the mission of stimulating the economy during downturns, as it can’t actually do it. All the Federal Reserve can do is exacerbate the problems that recessions attempt to solve. The Fed only succeeds in delaying the day of reckoning by making the problems bigger.
Trump Cannot Beat Biden In A Recession
While it was possible that Donald Trump could beat Bernie Sanders during a recession, there is no way he can beat Joe Biden. Biden won't be good for the economy or the stock market. He will increase government spending, taxes, and regulation substantially. Look out below!
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