SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (86356)9/15/2007 1:23:11 AM
From: benwood  Respond to of 110194
 
Even now, we have a war going on and hardly anybody notices nor cares except in an abstract way or as part of a meaningless debate, like here. That is a similar decoupling from reality s the debt berg has been.

But reality will return with a spanking which will hurt like the dickens.



To: bart13 who wrote (86356)9/15/2007 5:47:25 PM
From: John Vosilla  Respond to of 110194
 
'The actual Great Depression turned this country towards socialism, and under other scenarios it could have turned out much much worse.'

Failed policies bringing excess debt, excess speculation and a record gap between rich and poor occured both times. They will not let the end game be the same. It will be debase, spend, open the borders even further to grow the economy at any costs before they allow a depression here again. Bush may be an idiot but he certainly had some smart economic advisers to avert a deflationary downward spiral in 2002-03.. This time the housing bust is a sideshow to a global economic boom underway.. Agree we could see more socialism assuming complete control by the Dems in 2009. Less wealth disparity and redeployment of some capital to the public good in this country is a good thing.



To: bart13 who wrote (86356)9/15/2007 11:49:18 PM
From: Oblomov  Respond to of 110194
 
A nation must make a choice between democracy and liberty. The two can't coexist, not for long at least. The descent into democratic authoritarianism can be swift, as in the French Revolution, or slow, as in the case of the US.

jimbovard.com