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.