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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: E. Charters who wrote (136545)11/14/2008 5:25:42 PM
From: LoneClone  Read Replies (1) | Respond to of 313075
 
I wonder to what extent the supra green policies, union obfuscation of key manufacturing industries and mazes of regulation and high taxes have contributed to the sudden decline of western economic strength.

Very little.

LC



To: E. Charters who wrote (136545)11/14/2008 6:42:59 PM
From: robnhood  Respond to of 313075
 
<<We built a bubble economy based on debt and the pre-eminence of the dollar as a medium of exchange, not production per se>>

Aye-- there's the rub of it.



To: E. Charters who wrote (136545)11/14/2008 7:23:18 PM
From: Rocket Red  Read Replies (1) | Respond to of 313075
 
Everything is coming down in price including wages as the credit bubble is imploding and taking everything south.

A touch of reality