We were...sort of...heading in the right direction
Posted on: April 19, 2020 at 10:39:31 CT
meatiger MU
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Rates going up in a good economy, unwinding the money....then they had to bail out Trumps tariff policy and his demand that we need to keep the stock market inflated and keep interest low on his government debt spending.
Instead of companies using their money wisely, they borrowed more cheap money, handed out money to their shareholders and leadership, and left themselves vulnerable to this.
Then we had this..and government decided to not only close things down, but also spend trillions more