The government propped up third quarter GDP flopped out of bed this morning and laid a 3.5% golden egg on the table. Its is fools' gold.
Exactly how many times can the government print up an extra trillion and hand it over to banks, corporations, and even car makers, shitty car makers.
So now the thing is out on its own, taking baby steps and wobbly as a top on a goat.
Can it walk? Can it even crawl?
Reuters: Nikkei climbs after U.S. data
3 comments:
I agree Fools Gold. Nowhere on the street does anyone really believe the economy the actual economy not Wall Sts. phony number game jumped 3.5%. A trillion $$ for what? Wall st. has no interest creating employment none
atleast in the U.S. The rich are happy to have all their help in China or from Mexico.
The American economy is like some old beat up football player, like in the Oliver Stone movie.
It needs steroids and mass quantities of stimulants and toxic drugs to produce one more victory. The economy is set up so that all we can do is hang on, or figure out how to go free for all in the forest.
I keep getting this horrible feeling I'm never going to be able to retire.
Your not the only one. How would u like to be trying to figure out a 3rd act after a massive heart attack? My situation oddly parallels our Nat'l situation dude.
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