There are other real issues we need to look into before we begin posing solutions to problems that don't exist.
More Quotes from Robert Brusca:
The American consumer is like that bad guy in a zombie movie shoot him stab him. He keeps coming forward. But in the case of the consumer, it's more like depress his wage, make him unemployed, ruin his confidence make no job growth, lower his savings rate -- none of it matters, he or she just keeps on racking up those charges.Robert Brusca
Where was wealth effect during that time ... The consumer didn't die. People lost all kinds of money in the stock market, and it didn't seem to affect them.
Robert Brusca
With all this uncertainty, should we really trust (the Fed) to be preemptive, to cut off inflation at the pass when they clearly don't know where the pass is
Robert Brusca
You can make the case that bad things happen in October.
Robert Brusca
We had expected a small braking, a minor tap on the pedal, from GDP growth but not a move down to a lower gear.
Robert Brusca
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All things on earth point home in old October; sailors to sea, travellers to walls and fences, hunters to field and hollow and the long voice of the hounds, the lover to the love he has forsaken.Thomas Wolfe
When the franc was in danger of collapsing in 1956, it was the Americans who propped it up and their reward was to be insulted and swindled on the streets of Paris. I was there. I saw it.
Gordon Sinclair
Nothing ever becomes real till it is experienced.
John Keats