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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Giordano Bruno who wrote (214858)8/9/2009 11:43:10 AM
From: DebtBombRead Replies (2) of 306849
 
"The BIS has said, in softened language, that the stimulus packages are ultimately going to cause more damage than they prevented, simply delaying the inevitable and making the inevitable that much worse. Given the previous BIS warnings of a Great Depression, the stimulus packages around the world have simply delayed the coming depression, and by adding significant numbers to the massive debt bubbles of the world’s nations, will ultimately make the depression worse than had governments not injected massive amounts of money into the economy."
globalresearch.ca
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