enter the fray: our reader discussion forum
Search in:
Advanced
View:FlatThreaded
Kudos to Bottom Liners.
by Gingham_Dog
I would just like to mention that I have been struck over the past few months how I read things in various press after I read them in this forum. While I am not eager to see Sov's 30% unemployment or Days end of the monetary cycle making the news I think that the discussions here often preclude popular commentary. It is a pretty cool thing and one for which the posters here should be proud.
You Meant Precede
by Sovereign9
On 30%, many already put it near 20%. 30% wouldn't be out of reach. It's strange how DOW keeps lifting. I'd suspect accounting smoke & mirrors as a coming expose.

However, keep in mind that the bottom 25% have no money and no role in "the economy."
"The Bottom 25%...Have No Role In The Economy"
by LeRoy_Was_Here
Oh, they have a role all right. They are Marx's 'army of the unemployed'. The very fact of their existence is keeping a lid on wages for the rest of the bottom 75%.
DOW has me baffled
by Daysman

Bernanke says the economy is healing... either this whole meltdown was a farce or the miracle recovery is a farce, would someone point at something, anything, that has recovered? If we could just have the federal government print money to cure the economy, it would have been the automatic go-to long ago, we know that does not single handedly turn around a bad economy and especially one that has just incurred a global meltdown of financial services... so what gives? Either these banks faked the whole shabang or we have been asleep at the wheel for 100 years... just print money and everything clicks!

The banks rigged the great depression, rigging the great recession would have peanuts by comparison.... if that's all that happened. After all, what exactly is a "toxic" asset? Isn't that still real estate? It can't be that bad to be saddled with real estate in a heavily populated nation while the population is still growing. If you wanted to rig a financial meltdown, this is exactly the way you would want it to end... with long term assets on the balance sheet.

and suppress wage driven inflation
by run75441
View as RSS news feed in XML