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nom=de=plume nom=de=plume is offline
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First recorded activity by BoatBanter: Aug 2009
Posts: 5,427
Default 7 things about the economy

"Canuck57" wrote in message
...
On 23/01/2010 1:54 PM, nom=de=plume wrote:
Not for those who are unable to think for themselves....

No. 1: The middle class may never be the same again


Agreed.

No. 2: The recovery could take a really long time


Agreed. Certainly a decade if not a generation.

No. 3: The recovery could only be temporary


The current market is oversold to fundimentals, I would agree a double dip
is coming.

No. 4: Then what? This time, we don't have the tools to get out of a
recession


Government are themselves bankupt. Read the three pigs fable. Liberal
squandering during good times...

No. 5: The 'very serious' people in Washington are still obsessed about
the
deficit


They know it will in due time criple the government itself. They can't
tax us 110% - even a dumb**** liberal knows that.

No. 6: Whatever is making the stock market go up could go away


Not likely, it is going up in part on inflation worries. Better to own
10,000 shares of GM than having $140,000 if depreciating cash in the bank.
That is if there is a bank left.

No. 7: The hugely irresponsible financial sector remains unchastened


Rememebr it was government sponsored. Where was congress in all of this?
Suckin back liberal-dim cudo's for cheap debt?

Read the whole article at

http://www.huffingtonpost.com/2010/0..._n_433688.html


The title could read: "A nation of liberal debt welchers and mongering has
a few decades of lessons coming."

Chinese are tightening their credit. I thinks Obama's problems just got
worse. Especially if China wants some of that maturing US debt paid off.



I know you have a short attention span, but before you comment further, you
should at least try and read the article. I promise your computer won't
explode if you visit a liberal site...

--
Nom=de=Plume