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Saturday 25 February 2012

Try, try again?...............

If at first you don't succeed, try, try again?
- HOPE he does not succeed!

Giving 'stagflation' another try.
- Remember the 1970's? Weak Dollar, high tax rates, expensive gasoline, onerous regulation, and expanding government? Ahhhhh...who could ever forget that disaster Jimmy Carter who pulled stagflation out of his hat, and until Barry was the undisputed champion 'worst President evah' in American history. Hey, this is no small thing...there have been some real clowns.

Now the Indonesian Barry and the FED's Benny have teamed-up to give stagflation another try.
- It won't be any more fun than it was last time, and looking at the debt-to-gdp numbers which are worse than the 1970's were, you can expect this to cause no small amount of pain.


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