Home > education, Markets > St Obama continues to spend, while China licks its chops and waits

St Obama continues to spend, while China licks its chops and waits


“ We’re in a government-dependent financial system; I never thought I would live to see the day… We’ve got to fight to get away from that.”– Paul Volcker

Meanwhile China lays the ground work for the slow but steady disassembly of the US economic strength worldwide by proposing an IMF managed global reserve currency which will erode US hegemony.

Meanwhile St Obama never met a 1T program he didn’t like, nor a salary too small to penalize.

bankfailgdp2

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