I think the stock market is a very dangerous place to be at the present time. In fact, the stock market today is almost identical to where it was in October 2007 and then there was a $7 trillion crash and before that in March 2000.
Main Street has too much debt already. It is simply a bonanza for speculators who can borrow the overnight money and then buy something that they can… - David Stockman
Main Street has too much debt already. It is simply a bonanza for speculators who can borrow the overnight money and then buy something that they can…
- David Stockman
Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not true at all. - David Stockman
Bernanke has cultivated this idea that he is a brilliant scholar of The Great Depression, but that’s not true at all.
The Republican Party, as much as it pains me to say this, should be ashamed of themselves. - David Stockman
The Republican Party, as much as it pains me to say this, should be ashamed of themselves.
The problem is that you're creating a system of bubble finance where interest rates are so low that people can speculate. An asset value goes up. You… - David Stockman
The problem is that you're creating a system of bubble finance where interest rates are so low that people can speculate. An asset value goes up. You…
The Ryan plan isn't a budget. It's the last will and testament of the Republican party. - David Stockman
The Ryan plan isn't a budget. It's the last will and testament of the Republican party.
One thing is certain. At some point global investors will lose confidence in our (U.S.) easy dollars and debt-financed prosperity, and then the chick… - David Stockman
One thing is certain. At some point global investors will lose confidence in our (U.S.) easy dollars and debt-financed prosperity, and then the chick…
The United States is broke — fiscally, morally, intellectually — and the Fed has incited a global currency war Japan just signed up, the Brazilians a… - David Stockman
The United States is broke — fiscally, morally, intellectually — and the Fed has incited a global currency war Japan just signed up, the Brazilians a…
We need a wealth tax that on a one-time basis is going to take back at least some small fraction of the great windfall that the upper 1 percent, or 5… - David Stockman
We need a wealth tax that on a one-time basis is going to take back at least some small fraction of the great windfall that the upper 1 percent, or 5…
Insanity has infected all the central banks of the world. - David Stockman
Insanity has infected all the central banks of the world.
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