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-   -   Why Rush is Wrong (https://gfy.com/showthread.php?t=892386)

pocketkangaroo 03-08-2009 06:33 PM

Why Rush is Wrong
 
This is written by a conservative writer. Probably one of the best pieces on the Republican Party and the conservative movement I've read in awhile.

http://www.newsweek.com/id/188279

EscortBiz 03-08-2009 06:37 PM

right now it looks like there will be a total collapse of the dollar, nothing matters anymore

pocketkangaroo 03-08-2009 06:41 PM

Quote:

Originally Posted by EscortBiz (Post 15601071)
right now it looks like there will be a total collapse of the dollar, nothing matters anymore

How so? Other currencies are in much deeper shit than us at the moment.

Paul Waters 03-08-2009 07:10 PM

Great article by a fellow Canadian.

Thanks for the heads up!

:thumbsup

Drake 03-08-2009 07:20 PM

Quote:

Originally Posted by pocketkangaroo (Post 15601080)
How so? Other currencies are in much deeper shit than us at the moment.

I agree, many people are ignoring how relative the situation is because they're only focusing on the domestic economy. We're in the pits, but so is the rest of the world. When we recover, they recover. Without us recovering, not only are we in dire straits, but so is the rest of the world. This isn't to say that a time will come when another nation or group of nations will be able to supplant America and America's role, but I don't think that time is now or in the near future.

Azoy? 03-08-2009 07:40 PM

Quote:

Originally Posted by pocketkangaroo (Post 15601064)
This is written by a conservative writer. Probably one of the best pieces on the Republican Party and the conservative movement I've read in awhile.

http://www.newsweek.com/id/188279

Not even clicking the link.
My view on Rush is that he's a nut job on crack :321GFY

brassmonkey 03-08-2009 07:42 PM

who's having a drink
 
wrong thread

Tempest 03-08-2009 08:06 PM

Good article.. Too bad few repubs will take it to heart...

slapass 03-08-2009 08:08 PM

Quote:

Originally Posted by Mike33 (Post 15601266)
I agree, many people are ignoring how relative the situation is because they're only focusing on the domestic economy. We're in the pits, but so is the rest of the world. When we recover, they recover. Without us recovering, not only are we in dire straits, but so is the rest of the world. This isn't to say that a time will come when another nation or group of nations will be able to supplant America and America's role, but I don't think that time is now or in the near future.

The euro zone is in better shape then as a debt to GDP ratio. The BRIC countries are in a lot better shape then us. We are seeing the cracks this morning in the t-bills. Should be an interesting week.


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