Message from @sɪᴅɪsɴᴏᴛʜᴇʀᴇ
Discord ID: 534803675122761729
Dude I explain why
just read it
I did
Alright
thats why
I wrote something above it aswell about the Obama's debt article
I'm aware
thats why
I didn't yell fake news
(Even though theres literally fake news in it, such as the marginal tax rates)
I mean, you are kinda crying fake news
How
If you can refute what I said
I never said the word once
Bane is known for his fake news articles lol
I talked about it above
the article had stupid stuff
"When growth is more than that, it creates inflation. Too much money chases too few good business projects. Irrational exuberance grips investors. They create a boom-bust cycle that ends in a recession. Trump’s Fiscal Year 2019 budget lowered annual growth rates down to between 2.4 percent and 2.9 percent annually.”
it's the most bs I've ever heard
They're right however in one sense, credit expansion by the federal reserve causes recessions
even '29 and '08
That other article couldn't even agree on how much debt Trump was gonna cause.
We don't know tbh
But there could be a recession coming
a bust has to come
And what's the cause?
I hope it's after Trump is re-elected
Obama's cheap credit policies
under the FED
They'll blame it all on Trump.
Interest rates across his 2 terms were at 0%, it's been raised 7 times under Trump so far
yeah
Soon as the stock market goes up, it's Obama's fault, soon as it goes down, it's Trump's fault.
Unless Trump abolishes the FED
which itself will cause a recession but thats fine as the interest rates are adjusting with market levels
Obama had massive credit expansions, 0% interest rates
> Bane is known for his fake news articles.
<:Lmao:526465179039432714> <:Lmao:526465179039432714>
Not to mention the quantitative easing that took place
if a recession comes it'll be big