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After stock market and real estate bubble, will Obama cause the debt bubble?
12-16-2012, 08:23 PM
Post: #1
 
No.

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12-16-2012, 08:23 PM
Post: #2
 
I hope you realize that your previous president nearly trebled the national debt and committed upwards of $3 trillion on two unjust wars. That's roughly $10 trillion to the GW Bush legacy

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12-16-2012, 08:23 PM
Post: #3
 
You need to pick up a history book and study the Great Depression. There is a risk of inflation as the economy recovers. What the Fed and Central Banks around the world are fighting now is deflation.

There is no doubt it will be difficult to remove the liquidity that was put into the system. But it can be done.

Would you rather have seen bread lines and riots in the streets?

And for the record book check in GW Bush's role in this. Obama like FDR inherited this mess. It wasn't created overnight and it won't end overnight.
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