Originally posted by DimPrawn
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USA Just Gone Bust
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So the problem of excess money and too lax lending standards is solved by creating more money and relaxing lending standards !?Comment
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Originally posted by bobhope View PostSo the problem of excess money and too lax lending standards is solved by creating more money and relaxing lending standards !?
In the short term, yes. Business as usual. Fill yer boots!
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I read with interest the predictable hysteria on this board regarding what can only be termed as a mere 'tweaking' of the US economy.
Those whom would have us believe that the US economy is in anything less than a robust condition should join the ranks of the 9-11 Marxist Terrrorists such as Saddam who predicted that the costs of the Iraq War would break the US economy.
In an Iron Coffin - with Spikes on the inside.Comment
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Looks like markets are pretty happy with this move. USD does not seem to suffer from it. Shareholders of those companies are shafted though. Looks like I was right after allComment
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Originally posted by AtW View PostLooks like markets are pretty happy with this move.How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.
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"We hang the petty thieves and appoint the great ones to high office" - AesopComment
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Interestingly this State intervention funded by the US taxpayer in the heart of the Land of the Free does seem to demonstrate the 'Illusion' of free markets - perhaps fundamentally extreme socialism (communism) and extreme capitalism (fascism) are two sides of the same coin.Comment
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Originally posted by AlfredJPruffock View PostInterestingly this State intervention funded by the US taxpayer in the heart of the Land of the Free does seem to demonstrate the 'Illusion' of free markets - perhaps fundamentally extreme socialism (communism) and extreme capitalism (fascism) are two sides of the same coin.
http://www.thedailymash.co.uk/news/i...-200809081236/Comment
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Originally posted by HairyArsedBloke View PostTheir 'joy' doesn't look so great when you look at the daily chart.Comment
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Originally posted by AtW View PostLooks like markets are pretty happy with this move. USD does not seem to suffer from it. Shareholders of those companies are shafted though. Looks like I was right after allComment
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