Debt Rattle April 27 2016

[Raúl Ilargi Meijer]

G. G. Bain Navy dirigible, Long Island 1915 • Apple Just Wiped Out $40 Billion In Value (BI) • Rotten Apple: Stock Plunges 8% On Earnings, Revenue Mis
[See the full post at: Debt Rattle April 27 2016]

[earlmardle]

Aaaaaaand, another halfwit holding down a chair in the rabbit warren of idiot stenographers. https://tinyurl.com/jkbjh43

To quote, “In other countries that have struggled with prolonged bouts of “deflation”, like Japan, falling prices have occurred at the same time that growth has stagnated.
But that is not the case in Australia. Not yet.

Economic activity has been strong enough to generate enough jobs to pull the jobless rate comfortably below 6 per cent. And it has been heading lower.
You might not have received a pay rise for a while but, by and large, you’ve still got a job.
And why mourn that pay rise when today’s figures show the prices you pay for common consumer items are falling?
Forget the rising cost of living: food, clothing, holidays and petrol are all getting cheaper.”

But deflation, yep, Aussie has it, official.

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