The mad rush for world wide bankruptcy
"H the K" wrote in message
m...
On 10/11/09 1:04 PM, Canuck57 wrote:
Lu Powell wrote:
"H the K" wrote in message
m...
On 10/11/09 12:42 PM, Canuck57 wrote:
H the K wrote:
On 10/11/09 10:45 AM, Canuck57 wrote:
CalifBill wrote:
"frederick" wrote in message
el...
"Canuck57" wrote in message
...
frederick wrote:
The debt/savings markets are now hopeless destroyed by
government
and banks and wihout it there are no checks and balances. We
are
in an economy that could pop any time, tomorrow or 5 years from
now. When it does, the Great Depression will look like a
holdiday
as world trade ****s down on currency devaluations.
This isn't without precident, pre WW II Germany, recent
Iceland,
Argentina, Brazil, Mexico and others have tried decades ago to
print their way out of debt and it didn't work. Only NA
government
arrogance propels that it will for work for Canada and the USA.
Right on. It is also why the governemtn is doing it. While
misguided,
they hope to have high inflation with low interest rates. It really
can't work that way witout some serious side effects in
unemployment and
wealth loss, but it will not stop the fools from trying.
Fortunately, neither you nor Bilious Bill are in charge of anything
and never will be.
I am in charge of my own life.
In your mind you are.
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Birther-Deather-Tenther-Teabagger:
Idiots All
Hairy is jealous of those in charge of their lives, unlike him.
Agreed. Too many years of dependance on others destroys ones self esteme
and repect for others. Hairy is likely past hope.
Your buddy Lu was dependent upon the taxpayers for his paycheck, and is
dependent upon the taxpayers now for his retirement and health care. That
puts him in charge of his life in what way, precisely?
--
Birther-Deather-Tenther-Teabagger:
Idiots All
That's the same old crap from Hairy. Attack the messenger, never the
message.
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