Bernanke Confirms: "If We Were To Tighten Policy, The Economy Would Tank"Submitted by emalvini on Fri, 07/19/2013 - 08:48
Bernanke Confirms: "If We Were To Tighten Policy, The Economy Would Tank"
July 18th, 2013
Financial analysts have opined that the United States is well on the road to recovery. They cite various data points to make the case that the multi-trillion dollar bailouts and stimulus have brought us back from the brink of a collapse so serious that Congressional leaders had been told that should the bailouts fail, there was a real possibility of martial law being declared.
We’re doing so well, in fact, that just a couple of years ago President Obama assured the nation of our progress, claiming that we “reversed the recession, avoided a depression, [and] got the economy moving again.”
But were one to take a step back from the rhetoric of talking heads, political leaders and so-called Wall Street experts, a completely different picture begins to emerge