Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (460045)	3/1/2009 12:22:11 PM
From: Road Walker	Read Replies (2) of 1577019

Did you see this chart I posted? Message 25454405 It's a huge part of the problem. I don't think we can have a significant recovery until the debt is decreased, probably cut in half. And the only way to do that is for people to save, not spend, which guarantees a very long recession or worse. In many ways blaming the banks is a cop out. Yes they were the enablers, yes they didn't follow rational standards.... but frankly it was 'the people' who wanted to outspend their incomes that led to the problem. I really don't see an easy way out of this... I think it's going to be very bad for many years.

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