Just say thanks to Milton Friedman and his Monetary school of $#!7 if you are looking for "specific answer" then Friedman is the "who."
Brokers Fault or Traders Fault? 8 replies
De-Fault Of De-Indicator 5 replies
Recession and FX 19 replies
What's your opinion on USD? Recession? 16 replies
DislikedJust like my rants have been... They think the solution is by dropping rates and printing more cash... It makes my laugh!!!
I better go buy some more 7.62MM rounds for my M-60 Machine gun.Ignored
DislikedHAHA cann't resists that one.
$ will never get replaced. Dream onIgnored
– Thomas Jefferson, Letter to Treasury Secretary Albert Gallatin (1802)
DislikedThe USA may very well be in a recession, but what about you ?
Is your own personal economy in a recession ?
How are you doing ? And who's fault is that ?
I've never been to a spot on planet Earth (and I've been to a few)
where so much opportunity awaits someone with a little ingenuity.
This goes for both the good guys and the bad guys.
Either way, you don't have to finish last.
Putting all the economic theory aside, if you're on the verge of losing
(or have lost) your job or your house(s) or your car or whatever you have or had
or perhaps...Ignored
DislikedWe are deep into recession’s land and we all are responsible for all that. Maybe we are naive or it’s just because we let naïve people to run our country. Anyhow, measure and control must be set upon our system.Ignored
DislikedThe GOV. has done a fine job of leading by example as far as money management goes...Ignored
DislikedWow... Great discussion.
The only thing I can add is that the Bush administration is preparing for the end of the current financial system, and the world as we know it. Think about it:
(WARNING: conspiracy theory coming)
1. Military spending is through the roof
2. The US military is trying to secure the last available pockets of crude oil in the world before prices soar, shortages rage, and create massive worldwide social unrest that can only be overcome with a well fueled and strong (see #1) military.
3. The US government has no intention...Ignored