“We’ve been running the stimulus programs like an infomercial,” says Kevin Warsh, Hoover Institution, discussing how the Fed’s asset-buying program will impact investors and the markets and U.S. economy. Here is a direct link.
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Nice, clear, concise analysis. Says it all!
WOW! I WANT MR WARSH TO BE THE PRESIDENT! IS THERE ANY WAY TO GET HIM ON THE BALLOT IN EVERY STATE? OUR COUNTRY NEEDS HIM!
This dude knows his stuff, he thinks about the economy and is concerned about the country. Watching Mr. Warsh I get the impression he thinks that the economy is either about to collapse OR that the consequences of QE will make it collapse.
I suspect QE3 was directed by the Kenyan, in an attempt to help his re-election.
Whats this business on September 6, 2012 of the Chinese government beginning to trade global oil using the Chinese currency, not just the US dollar?
Cory? Danielle?
RSVP
good luck to them.
If China buys oil from say Iran with Chinese currency, then Iran buys crap from China using that same currency, I don’t see why it wouldn’t work.
Or am I missing something?