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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (463437)	3/12/2009 11:26:49 PM
From: tejek	Read Replies (2) of 1576626

The global economy would not have come crashing down around our ears without the stimulus and bailout bills. Sorry but I believe people that are more informed who say the global economy is in serious trouble and in danger of crashing. In fact the only major nation states that have reported they are not in recession are China and Brazil. That's pretty scary when you think about. Even if they where beneficial (and that's questionable in the short run, false in the long run), You don't know that.....that's your theory on the issue. There is considerable evidence to the contrary..........that the stimulus will work. they wouldn't be a large enough factor to prevent world wide economic calamity, and they where for the most part not well targeted towards preventing calamity (at least not the stimulus). Every major nation in the world is implementing a stimulus package and yet you think that won't prevent calamity. Damn! I didn't know we had a resident economist. Whatever.....time will tell if you are right.

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