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  •  I couldn't agree more. Our economy has been (0+ / 0-)

    on a downward spiral for the better part of a decade. It wasn't only the '08 market break that broke the back of our economy. It was purposefully shoved over the edge by those who could exploit economic weakness with financial manipulation.

    However there have been some serious prosecutions of fairly top-tier financiers, and the TBTF banks are on high alert. As the Fed just increased loan margins, speculative bank activities will slow. The TBTF high velocity traders won't have such huge leverages to play with. Thus the cash-clogged financial institutions will finally be forced to loan into the consumer market to remain so profitable.

    But little, if any, big improvement in the economy seems to be in the cards for 2014. This is going to be another difficult year for smaller businesses seeking loans, jobseekers, and underemployed workers.

    As you say, there is that metric fuckton of work to do to achieve any substantial improvement.

    The great enemy of the truth is very often not the lie, deliberate, contrived and dishonest, but the myth, persistent, persuasive and unrealistic. ~ John F. Kennedy

    by 4Freedom on Fri Apr 11, 2014 at 03:48:14 PM PDT

    [ Parent ]

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