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Stocks B / Berkshire Hathaway
|Subject: Re: Berkshire buys Heinz||Date: 2/16/2013 1:13 AM|
|Author: commoncents33||Number: 198705 of 217994|
Seems to me like we're still stuck in the mud after five years
To quote you, "really?"
This mud seems not so stuck:
Sure we'd all like it to be even more, but given the worldwide conflagration of 2007-2008, I'd say we're doing OK, maybe about as well as could be expected.
Well I am sure that the tens of millions of jobless will be comforted to know everything is peaches, because the government has propped up the economy with increased government spending, much of which is from printed and borrowed money. Ditto those with stagnant wages. Ditto the middle class retirees who are steadily losing purchasing power due to fed shenanigans.
Speaking of which, if the economy has emerged from the prior business cycle, why do you think the fed is printing a trillion bucks a year and keeping interest rates at a substantially negative real rate ?
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