The U.S. is Choking on Debt Financed Expansion
There is a marked difference between economic growth and debt-induced demand. Instead of letting the market take its medicine and enter recession in 2001, the powers that be injected fiscal and monetary drugs to dull the pain and induce stock gains.
The Federal Reserve understands the...





Hale "Bonddad" Stewart | Posted March 12, 2008 | Business