gobiggergoredder Posted November 18, 2011 Share Posted November 18, 2011 http://news.yahoo.co...-204303737.html "There is definitely going to be another financial crisis around the corner," says hedge fund legend Mark Mobius, "because we haven't solved any of the things that caused the previous crisis." Going deeper into hock is never a good way to get out of debt. And at some point, this exercise in kicking the can has to stop. When it does, you get your next financial crisis. Link to comment
It'sNotAFakeID Posted November 18, 2011 Share Posted November 18, 2011 Isn't that purely ideological stuff? Certainly there could be evidence to say that the economy is improving? Link to comment
Sub-Husker Posted November 18, 2011 Share Posted November 18, 2011 Isn't that purely ideological stuff? Certainly there could be evidence to say that the economy is improving? Without middle class job creation, there will not be a significant or a sustained improvement. Link to comment
NUance Posted November 19, 2011 Share Posted November 19, 2011 Isn't that purely ideological stuff? Certainly there could be evidence to say that the economy is improving? Without middle class job creation, there will not be a significant or a sustained improvement. Middle class job creation? That's not going to happen since we shipped all of our manufacturing jobs overseas. The only growth industry we have is the expanding mass of gov't workers. And I don't think there's any room for yet more people to hang on Uncle Sam's nutsack. Link to comment
Sub-Husker Posted November 19, 2011 Share Posted November 19, 2011 Isn't that purely ideological stuff? Certainly there could be evidence to say that the economy is improving? Without middle class job creation, there will not be a significant or a sustained improvement. Middle class job creation? That's not going to happen since we shipped all of our manufacturing jobs overseas. The only growth industry we have is the expanding mass of gov't workers. And I don't think there's any room for yet more people to hang on Uncle Sam's nutsack. That is why the economy will fluctuate between bad and really sucky for the next ten years,.. until something major happens to bring about revolutionary change. Link to comment
gobiggergoredder Posted November 19, 2011 Author Share Posted November 19, 2011 That is why the economy will fluctuate between bad and really sucky for the next ten years,.. until something major happens to bring about revolutionary change. Link to comment
Sub-Husker Posted November 19, 2011 Share Posted November 19, 2011 It didn't start with Obama, or Bush(43), or Clinton, or Bush(41). Link to comment
gobiggergoredder Posted November 19, 2011 Author Share Posted November 19, 2011 It didn't start with Obama, or Bush(43), or Clinton, or Bush(41). It been going on a while. Still waiting on the change. Link to comment
Sub-Husker Posted November 19, 2011 Share Posted November 19, 2011 It didn't start with Obama, or Bush(43), or Clinton, or Bush(41). It been going on a while. Still waiting on the change. It won't happen with Obama. Link to comment
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