[Newsbot]

Title: Looks like ZIRP, the Fed�s seven years of low rates and high debt, is going to add up to ZIP
Category: Business
Posted By: martin14
Date: 2015-12-01 09:53:44
Canadian

[martin14]

7 years.

Government debt from 46% GDP to 89%.

Think about that for a minute.

All that money, borrowed from the future.

Today's result.. almost zero.

[andyt]

The question should be what would have happened without all the stimulus - probably an actual worldwide depression.

But it does seem we can't consume our way out of this situation. Maybe we'll get smart and look to a different economic system than greed and consumption. Probably not until it all collapses tho.

[BartSimpson]

The government is keeping interest rates low so as to keep their own interest payments low.

At some point rates will have to rise or else the house of cards will fall...and quickly just like it did in 2008.

[martin14]

andyt andyt:

The question should be what would have happened without all the stimulus - probably an actual worldwide depression.

I have always thought the bailouts were a complete waste,
better to let it crash for a while, we would be out of it much faster than this
pseudo communist government manipulation of the economy.

It hasn't worked, it won't work in the future.