Hmmmmmmm, today is just like the 1930s

1930s
Guess what? When you average these two sets of numbers GDP growth rate was 1.33 percent for the 1930s and today. Might that not be a harbinger of a similar outcome? Yes, I knew you would come to the same conclusion as I did. The 1930s as the country today will be beset with wars. That is because the system is disintegrating under excessive debt. I’ve posted numerous charts on debt. It’s sucking the air out of consumption, and we’re not only having to deal with our own over indulgence, but the public is also backstopping the recklessness of the .001 percent’s bad bets. This is not capitalism but just another form of feudalism. Therefore, the left is quite disingenuous. We probably haven’t been a capitalist country since the formation of the Federal Reserve in 1913. The aristocracy’s rule during the 15th and 16th century led to stagnation, just as today’s pluto-aristocracy has governed us into lackluster economic growth. And we shouldn’t be surprised because I think from 1973 till today, the country morphed into just another feudalism governed not by the best minds, but by the best connected–well like that idiot James Comey, Paul Ryan, John Boehner, and Hillary whose role model appears to have been Rodrigo de Borja.

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