What Geithner is unwilling to say is what's obvious: now that policymakers have shot their wad and the room for maneuver is limited, there can't be a centralized, painless "fix" for the next inevitable financial crisis.
The leaders of the lower chambers of parliament of Germany, Italy, France, and Luxembourg have called for a European “Federal Union” in an open letter published in Italian newspaper La Stampa on Sunday.
Just as California's liberal elites had convinced everyone that climate change had permanently altered global weather patterns such that the entire state was doomed to be stuck in a perpetual drought which would inevitably render it about as inhabitable as the surface of Mars within years, an unrelenting series of storms has struck and in a matter of days filled lakes, overflowed rivers and buried mountains in snow.
"Looking from the outside in, it will appear that Choir is endorsing tyranny and facism by singing for this man. History is repeating itself; the same tactics are being used by Hitler. I only know I could never “throw roses to Hitler.” And I certainly could never sing for him."
What a terrible, horrible, no good, very bad year this has been. Endless wars. Toxic politics. Violence. Hunger. Police shootings. Mass shootings. Economic downturns. Political circuses. Senseless tragedies. Loss. Heartache. Intolerance. Prejudice. Hatred. Apathy. Meanness. Cruelty. Poverty. Inhumanity. Greed.
We have a Stock Market Bubble, excessive valuations, investors are complacent, everyone runs for the exits simultaneously, there are abundant catalysts out there in the world, the Crash occurs over next 12 months.
When India becomes the next Venezuela, which hopefully won’t take longer than three decades, one would actually have cause to celebrate. On per capita basis, Venezuela’s GDP is more than seven times that of India. Venezuelans fight when they go hungry. Indians are too weak to even leave their homes.
Forget the Carrier deal, and forget the infamous tweet recently directed at Boeing. If Trump is serious about protecting the American public and being the populist leader he claimed he would be, he will aggressively push back against the proposed AT&T-Time Warner mega merger.