A Word From Bob

As Seen & Heard

Contact Us

rss

Invest Yourself

The FREE Investment Newsletter That Really Works!

11.18.2014 Abe Goes Full Stupid Bookmark

As you might have heard yesterday, Japan has officially entered another recession. Who'da thought that printing trillions of yen and destroying your currency would cause the economy to fall? Give me a break. So to do even more damage to his insane policy, he's ordered a vote on cabinet policy, and one of the ideas he's brewing is to literally have the Government print up gift cards that they can hand out to the poor so they can just "spend it".
As you might have heard yesterday, Japan has officially entered another recession. Who'da thought that printing trillions of yen and destroying your currency would cause the economy to fall? Give me a break. So to do even more damage to his insane policy, he's ordered a vote on cabinet policy, and one of the ideas he's brewing is to literally have the Government print up gift cards that they can hand out to the poor so they can just "spend it".

Okay, let me get this right. The Government prints up trillions of yen, and declares it is going to buy stocks. Now they're suggesting that they simply hand out free money to people so they can spend it and get the economy moving. Wouldn't that mean that the nation as a whole is going into a black hole of debt? You bet it does, wicked insane, unfathomable debt. But hey, free money is a lot of fun and their market jumped almost 400 points on the news.  Reality has left the stage.

Showing 0 Comment

Social Media

Archive

Bob Recommends