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Once economic growth stops, as has now happened, and all the bubbles to restart it have blown up, as has also happened, the end really is nigh. Especially if the host—the U.S.—is bankrupt. What is coming at us today isn’t just another downturn. If people like McCain adviser Donald Luskin doubt it, maybe, instead of writing campaign propaganda, they should ask the fired CEOs of Fannie Mae and Freddie Mac, the stockholders of Lehman Brothers, whose shares have dropped ninety percent in less than a year, and the millions who are losing their homes.
Originally posted by iamcamouflage
I agree. They should not have bailed out F&F but with that said these companies should not be allowed to take on this much debt.
Originally posted by Interestinggg
Hello is anyone home in here or do I have to ring a bell or something???
We had a GREAT DEPRESSION.
The DJI stopped trading where it once started at!
We survived that.
You can not get any worse than that!
Short of global nuclear war or other extinction level event's.
We can never get any worse than the Great Depression.
So why worry about this?
Its just another day on the street.
Be careful selling your stocks as our deceitful contrarian buddies are looking to buy them off you.
Just like Nathan Rothschild during the Napoleonic wars.
It only takes some false rumors or over hyped news for these guys to own whole economy's.
Originally posted by '___'eed
So what will takeover capitalism?
Originally posted by infinite
The end is not nigh.
The economy hasn't even officially entered a recession, but some individuals strangely think this is 1929 As I said before, research the Asian finanical crisis of the 1990s - we are currently going through the same situation.