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Posts Tagged ‘ bubble ’

Why Reflating The Credit Bubble Is A Bad Idea

Nov 19th, 2008 | By Bill Bonner | Category: Politics & Economics

You can’t cure a bubble by reflating it, says Bill Bonner. But that won’t stop the Obama administration from trying. Bill says we should get ready for trillion-dollar budget deficits, huge infrastructure programs, and bailouts for “brain dead” businesses. But none of this will be able to stop the economic correction that has to happen.

Tags: Bill Bonner, bubble, Dr Kurt Richebacher, global credit crisis, Global Currency, Global Downturn, Great Depression, Monetary System, President Obama, US dollar, US recession
Posted in Politics & Economics | No Comments »

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