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We are in the Midst of the Great Baby Boomers Economic Stagnation 2007-2017

By Lance Ciepiela  Posted by Lance Ciepiela (about the submitter)     Permalink
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"Banking Establishments Are More Dangerous Than Standing Armies."

Thomas Jefferson (1743-1826), 3rd US President

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"... a serious depression seems improbable; [we expect] recovery of business next spring, with further improvement in the fall."

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Harvard Economic Society (HES), November 10, 1929

"While the crash only took place six months ago, I am convinced we have now passed through the worst -- and with continued unity of effort we shall rapidly recover. There has been no significant bank or industrial failure. That danger, too, is safely behind us."

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President Herbert Hoover, May 1, 1930

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