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BOOM! Bernanke OUT By August, QE Ends, Rates Up: CRASH

BOOM!!!!!! Bernanke OUT By August, QE Ends, Rates Up: CRASH

By Paul B. Farrell | MarketWatch

SAN LUIS OBISPO, Calif. (MarketWatch) — The “Dr. Boom” scenario: America is about to “unleash a spending spree. Years of self-denial give way to pent-up demand,” predicts UBS economist Maury Harris in USA Today’s bold lead story.

His clue? Consumer sentiment: “Harris estimates that in the next five years, catch-up consumption will boost annual consumer spending growth by a half point to above 3% from about 2%.”

Read more: http://www.marketwatch.com/story/bernanke-out-by-august-qe-e...



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The rest of Paul B. Farrel's

The rest of Paul B. Farrel's articles are straight from cloud-cuckoo-land (state owned production utopia). Not buying.

Southern Agrarian

If interest rates rise...

wouldn't that cause us to default on the debt? I believe the interest payments on the deficit would go up way more than the taxes collected.

In all seriousness, how would we service the debt?

I think it's inevitable for interest rates to rise. And when that happens won't the price of gold & silver plummet?

new movie

Rise of the Rates

donvino

BS lies.....

BS lies.....

yes more BS lies

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"Take hold of the future or the future will take hold of you." -- Patrick Dixon

I will miss the Bernank. He

I will miss the Bernank. He was a great character for Xtra Normal videos.

I Love These!!

Keep em coming Michaelwiseguy!!