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Tuesday, July 14, 2015

If all it takes is 30 seconds of googling and a Wiesenthal article to prove you clueless...


If all it takes is 30 seconds of googling and a two-year-old Wiesenthal article to prove you clueless, then you're really a fucking idiot.

BI - America is not drowning in debt. Here's the one chart that proves the debt-freaks are morons:


But if a guy is crowing on about US household debt and how it's horrible, while simultaneously crying about low interest rates, then he's already demonstrated that he has no clue about how a lack of household debt would drive interest rates even lower in the market for loanable funds, in which case I wouldn't expect him to understand anything about comparing assets and liabilities either.

Now if you'll excuse me I'm going to go to school to learn more economics.


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