When the Central bankers or FEDS cut interest rates, it is like giving super dose antibiotics. When the antibiotics have lost its potency, the worries come. We have seen how Japan and Europe central banks cut interest rates to no stimulating effect on the economy.
Stupidly the RBA of Australia also embark on the same path. I don't know if these people are blind or dumb.
Now what is obvious, the Govt might need to come up with a "plan" to stimulate. This is like put in the "extra" or steroid. If this crap is going to work, the Govt would have done it long ago!!!!
How can you trust and have faith in the administration when all this rubbish plan come to table and approved!!!
If there is anything that works, it would definitely be implemented long ago!!!! NOT NOW.
Now this is how much confidence I have with what I see around the world. Follow bad examples and hope it works!!!
Only a FOOL have a mindset like this!!
No comments:
Post a Comment