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re: State of the World in January, 2009 vs. Today? Which Is Better?

Posted on 7/28/14 at 3:50 pm to
Posted by AlaTiger
America
Member since Aug 2006
21126 posts
Posted on 7/28/14 at 3:50 pm to
I really don't know what Obama has done to improve the world economy since 2009, though. It was going to bounce back anyway. You could say that TARP, the Stimulus, and QE have made things better, but yeah, if you pump TRILLIONS of fake money into the world economy over 5 years then things should probably improve. Not sure how much of that was Obama since it was all set in motion by October, 2008 anyway.

Maybe we should give Bush credit for saving the world economy, then.

This post was edited on 7/28/14 at 3:51 pm
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 7/28/14 at 3:53 pm to
quote:

You could say that TARP, the Stimulus, and QE have made things better, but yeah, if you pump TRILLIONS of fake money into the world economy over 5 years then things should probably improve.

that is pretty much the extent of it. we have also done backdoor bailouts for much of europe with cheap $$.
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