America and debt.

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Barotix
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Re: America and debt.

Post by Barotix »

>_> That guy doesn't understand the business cycle; that or he's just dumbing down the concept as much as possible because he lacks confidence in his viewer.

He understands the moral conflict with a bailout but he doesn't get the economic conflict. It will just cause another boom that leads to a greater bust. He doesn't explain why recessions are good for the market; also, he buys into the fear that the media has been selling. Outdated video is outdated. He tried; I'll give him a 2 star for effort.
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