Quote:
Originally Posted by SIK
erm, regarding that graph... there was a global economic crisis and pretty much all economies are going up
some slower, some faster, and it isn't obama or trump, it is just the global recovery phase
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this is just the half of the truth.
USA plays a big part in this world economy and as obama took the right desicions and regulated the cancer in the system - the financial sector - it helped the whole world to recover.
but as everyone know there is a time to borrow and a time to pay back.
trump is not really a professional when it comes to paying back and this would be the one and only smart step he could have done.
we will face another crisis sooner or later where should than the money come from when
the old loan isnīt paid back?
america is inevitably going into the next crisis because the signs are already almost the same as in 2008. but this time it is not only real estate that is affected but the entire consumption was financed on credit and not by the rich who would somehow manage to pay it back but by the poorer population.
THAT are the numbers you have to look at and assess their consequences.