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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (450674)1/25/2009 7:09:59 PM
From: Road Walker  Read Replies (2) of 1573872
 
That's typical in every recession. What's different is that housing is playing a much bigger role than in past recessions because of the housing boom. When housing values stabilize, and they will, consumers will be more confident. We talked about this before, recessions tend to be 3 parts psychology and one part retrenchment.

There is nothing "typical" about this "recession".

Memories can be misleading. That's why I rely on facts.

That's why you rely on some fantasy. Look at the facts.

And what does that mean to you?

It means a miserable retirement. It means the rest of my life will probably suck.

Then you would like to go to a cash and carry economy. Is that right?

WTF Ted, are you reading what I said?

But that's what FDR did and it helped get the nation out of the Great Depression. Why was it good then and bad now? In fact, Hoover did what I think you're suggesting now and things got much worse.

I'm not "suggesting" anything. In fact I think we are F'ed no matter what we do.
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