Something Americans have ignored has been noticed in Europe:
"Three times since the sub-prime debacle, the US has shown signs of reaching “escape velocity” and staging a sustainable recovery. On each occasion, it dropped back into stagnant uncertainty, the global economy then spluttering too."
"A big problem is that American consumers, for so long the engine of world growth, remain on their uppers. The median US income is still 8pc lower in real terms than it was before the collapse of the Lehman Brothers."
Just a few lines from an excellent article you can read in full here:
A mug?s game propped up by printed money - Telegraph
The paper calls it:
"A mug’s game propped up by printed money"
Them goes on to skewer the basic cause in a single sentence:
"The US Federal Reserve in Washington DC is still printing money to prop up the ailing US economy, and the world needs to pay attention"
Yesterday The U.S. Dollar traded worse against the British Pound than it had in the previous 30 years. Can you guess which Democrat financier is chortling in glee off the money he made by betting against the Dollar? Could it be the one who funds the so-called president who's busy teaching Americans "a lesson"?
"Three times since the sub-prime debacle, the US has shown signs of reaching “escape velocity” and staging a sustainable recovery. On each occasion, it dropped back into stagnant uncertainty, the global economy then spluttering too."
"A big problem is that American consumers, for so long the engine of world growth, remain on their uppers. The median US income is still 8pc lower in real terms than it was before the collapse of the Lehman Brothers."
Just a few lines from an excellent article you can read in full here:
A mug?s game propped up by printed money - Telegraph
The paper calls it:
"A mug’s game propped up by printed money"
Them goes on to skewer the basic cause in a single sentence:
"The US Federal Reserve in Washington DC is still printing money to prop up the ailing US economy, and the world needs to pay attention"
Yesterday The U.S. Dollar traded worse against the British Pound than it had in the previous 30 years. Can you guess which Democrat financier is chortling in glee off the money he made by betting against the Dollar? Could it be the one who funds the so-called president who's busy teaching Americans "a lesson"?
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