Tuesday, March 25, 2014

HNC Unsinkable Current Reality

(Commentary posted by Roger Erickson)
[Current policies are drowning the middle class in a sea of debt, and the 1% aren't investing due to lack of aggregate demand.]*

Full Aggregate Demand [Below]!!!



Although this particular partisan blames it solely on other partisans ... [can't see his reflection for the mirror! :( ]. Why argue over port or starboard, when the whole ship is going down? NeoCons to the right of us, deficit doves to the left, and we're stuck in the middle class with you.

Ever get that sinking fiat?

When we have a hull breech in the middle class, taking on credit isn't a good thing. Nor will a sub merger between the middle & lower classes. We need private income, not just private debt. Additional bridge loans at this time do nothing. Better to purge some market ballast tanks with high pressure currency income(ing).

* And the 99% aren't investing, because they have no liquidity!

** HNC = Herr NeoCon

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