“The USA can’t run out of dollars,” tweeted Stephanie Kelton, Bernie Sanders’s senior economic advisor. Kelton conveniently does not mention that carpenters can run out of wood, the stadium can run out of seats, and the airline can run out of fuel.
Source: Bernie’s Senior Economic Advisor Sees No Problem in Printing Unlimited Money
The Donald was at it again in Wisconsin this weekend, reiterating his patented boast that the US economy is booming like never before. We’re now the No. 1 economy anywhere in the world and it’s not even close,” he said on Saturday night at a rally in Green Bay, Wisconsin. “At the end of six years, you’re going to be left with the strongest country you’ve ever had,” he said. We beg to differ, profoundly. The debt- and bubble-freighted US economy is actually running out of gas after a long, artificial cycle of tepid expansion; and so far the Donald’s … Continue reading →
Source: Bubble, Bubble, Double Trouble – LewRockwell