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Originally Posted by TheDoc
Odd how everyone on gfy disagrees with you but The Demon, again.... is correct..  A true moron! |
Odd how everyone makes fun of TheDoc and watches thedoc squirm his way out using denial and stupidity.
Oh perfect, thanks for proving my point. The economy is contracting and all Obama has to show for it is artificial growth. Do you know what artificial growth is? I mean we all know you're a moron so I'm not sure if I should be stepping into dangerous waters. We wouldn't want you embarrassing yourself all over again.
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Considered a rare and extreme form of recession, a depression is characterized by its length, and by abnormally large increases in unemployment, falls in the availability of credit—quite often due to some kind of banking/financial crisis, shrinking output and investment, numerous bankruptcies—including sovereign debt defaults, significantly reduced amounts of trade and commerce—especially international, as well as highly volatile relative currency value fluctuations—most often due to devaluations. Price deflation, financial crises and bank failures are also common elements of a depression.
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Good lord, you just keep getting your ass handed to you on a daily basis.
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Weeee... as we can see our GDP is not falling so both Recessions and Depressions spewing from you are bullshit as usual. Let's just cover a couple of the quick points, consumer spending isn't dropping more, investments aren't dropping, business profits are growing...
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Consumer spending:
http://247wallst.com/2010/09/09/cons...d-cant-get-up/
Business profits are lower than ever adjusted for inflation. Capital investments are down and aren't going back up. So you see, this is what happens when a middle aged moron and failure tries to talk about something he doesn't understand. It was fun kicking your ass again doc. Now go back to making us laugh, clown. I definitely enjoy making you look stupid. Perhaps you can do us a favor and stop coming here to get embarrassed on a daily basis. The collective IQ of this forum is sure to go up.