Author Topic: More evidence the stimulus approach is best.  (Read 1380 times)

GigantorX

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Re: More evidence the stimulus approach is best.
« Reply #25 on: May 30, 2013, 07:46:03 AM »
There are many who are not convinced that the steps taken by Japan will even help.

Global stock markets were volatile Thursday, with the Japanese benchmark dropping sharply while those in Europe edged higher, as investors muddled through conflicting signals about the state of the global economy.

Questions about whether the U.S. Federal Reserve would begin to withdraw its monetary stimulus program were also a source of uncertainty for markets.

Japan's Nikkei plummeted more than 5 percent, with investors increasingly doubting the government's economic strategy can extricate the country from years of economic malaise. The yen rose against the dollar, generally regarded as a negative for Japan's powerhouse export sector.

http://www.cnbc.com/id/100775631



Wait, hold on a second, stop the presses.....you mean to tell me that investors are saying that doing all the stuff that failed in past, except more, will fail again?

Shocking.

tonymctones

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Re: More evidence the stimulus approach is best.
« Reply #26 on: May 30, 2013, 04:09:46 PM »
I didn't claim that ???

you keep attributing positions to me that I never took or would take.

The sequester was stupid in that it was a shotgun approach to something that requires a more detailed analysis.
I never said you said it, you need to comprehend a little bit better.

I said it was what fundy libtards like the ones who yell about stimulus were saying...

funny how the economy really "turned the corner" after the sequester went into effect isnt it?