Why the Economic Recovery has Run its Course
Update- Mortgage Applications Fall to Five Year Low
"No one ever woke up wishing they had three more drinks the night before."
The recovery that started in 2009 and never really progressed has reversed.
The recovery is over.
Welcome to the Revocery.
QE- Recovery Medicine or Extension of Bailonomics?
The current recovery was artificially born in 2009 from the ashes of the Panic of ’08 with The Federal Reserve’s quantitative easing (QE) program that involved printing money out of thin air to buy U.S. Treasuries and Mortgage Backed Securities (MBS’s) from the Too Big Too Fail Banks.
The recovery was kept alive with three full doses of QE and then a supplemental boost of the third dose in September of 2012. The recovery ended in May with talk cutting the dosage when the Fed began its taper talk and interest rates began to rise.
The recovery never had a chance.
The economy was never allowed to recover on its own, instead it was subject to officious government/Fed inter meddling with the Troubled Assets Relief Program (TARP) and a series of doses of QE.
Yet the economic recovery cheerleaders insisted/pleaded all along we had a real recovery, not recognizing that if a patient goes from “critical condition” to “serious” and stays there for years- he is not recovering.
Read more- click here
- See more at: https://activerain.com/blogsview/4189937/why-the-recovery-is-over#sthash...Update- Mortgage Applications Fall to Five Year Low
"No one ever woke up wishing they had three more drinks the night before."
The recovery that started in 2009 and never really progressed has reversed.
The recovery is over.
Welcome to the Revocery.
QE- Recovery Medicine or Extension of Bailonomics?
The current recovery was artificially born in 2009 from the ashes of the Panic of ’08 with The Federal Reserve’s quantitative easing (QE) program that involved printing money out of thin air to buy U.S. Treasuries and Mortgage Backed Securities (MBS’s) from the Too Big Too Fail Banks.
The recovery was kept alive with three full doses of QE and then a supplemental boost of the third dose in September of 2012. The recovery ended in May with talk cutting the dosage when the Fed began its taper talk and interest rates began to rise.
The recovery never had a chance.
The economy was never allowed to recover on its own, instead it was subject to officious government/Fed inter meddling with the Troubled Assets Relief Program (TARP) and a series of doses of QE.
Yet the economic recovery cheerleaders insisted/pleaded all along we had a real recovery, not recognizing that if a patient goes from “critical condition” to “serious” and stays there for years- he is not recovering.
Read more- click here
- See more at: https://activerain.com/blogsview/4189937/why-the-recovery-is-over#sthash...No one ever woke up wishing they had three more drinks the night before.
The recovery that started in 2009 and never really progressed has reversed.
The recovery is over.
Welcome to the Revocery.
QE- Recovery Medicine or Extension of Bailonomics?
The current recovery was artificially born in 2009 from the ashes of the Panic of ’08 with The Federal Reserve’s quantitative easing (QE) program that involved printing money out of thin air to buy U.S. Treasuries and Mortgage Backed Securities (MBS’s) from the Too Big Too Fail Banks.
The recovery was kept alive with three full doses of QE and then a supplemental boost of the third dose in September of 2012. The recovery ended in May with talk cutting the dosage when the Fed began its taper talk and interest rates began to rise.
The recovery never had a chance.
https://smaulgld.com/the-recovery-has-reversed-course-welcome-to-the-rev...
