Tue, 16 August 2016
The economy is not strong like the “experts” out there have led us to believe. Quarter 2 GDP came in at 1.2% when the Atlanta FED was predicting 2.4% GDP growth! That’s a big miss! And under Obama’s presidency we haven’t seen one year over 3% GDP growth and this is unprecedented in modern American history! We have had interest rates near 0% for Obama’s entire presidency because this was supposed to stimulate the economy and it has done nothing of the sort! Now countries around the world are engaged in negative interest rates to “stimulate” the economy! Ladies and gentleman, we are at the end game of this monetary experiment and it doesn’t end well!