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Hey Farmboy

Posted by Buygold @ 10:57 on June 24, 2016  

It took Greenspan getting out of the Fed to finally begin telling the truth. I watched the interview and he was honestly nervous about populism and falling wages and stagnation, coupled with entitlement spending. He said that wages needed to grow 4.5% per year just to sustain the entitlements. He said that the standard of living in Europe and the US was going to fall. No doubt we’re seeing that in real time.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.