that the latest stimulus package isnt going to fix the economy?
OK. So, what happens when Americans find out..
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Hopefully it's one step closer to replacing all the ass clowns in DC. -
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I agree.. I think the whole controlled crash idea is starting to look like a fantasy rather than a reality..
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They cry in their beer and listen to more doom and gloom from the 24/7 new channels.
Or blame everything on Obama. After all, he's been in office a whole 45 days and has yet to fix 8 years of fuck ups from Bush and cronies.
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There will be "lost decade" - 10 years of stagnation and recession.
It`s kinda funny how it`s similar to Japan in 90s. Similar real estate bubble, similar crash and similar "solution" - very low interest rates and stimulus package. Japanese public debt is 170% GDP now
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[QUOTE=wjxxx;15607486]There will be "lost decade" - 10 years of stagnation and recession.
It`s kinda funny how it`s similar to Japan in 90s. Similar real estate bubble, similar crash and similar "solution" - very low interest rates and stimulus package. Japanese public debt is 170% GDP now :thumbsuf
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Well, to be fair to the Obama administration (and preceding Bush admin), they are more aggressive re rate cuts and addressing the "zombie" bank issue. Japan was in a state of shock and denial before even trying to address the zombie bank assets. That probably had a lot to do with the duration of the Japanese asset deflation ongoing crash (it still hasn't stopped). Nikkei is now around 20% of its record in the 80s (yes, nearly 20 years ago).Comment
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Give me back that filet o fish, gimme that fish.
I think each legal american citizen 18 or over should receive a $1 million check. It would be MUCH cheaper, and you know goddamnwell we would go spend that.43-922-863 Shut up and play your guitar.
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We will find out in a year from now..
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