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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (6905)2/15/2009 6:41:15 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 103300
 
Excellent article, and that's why obama will serve only one term... this economic problem may last for 10 to 15 years and we could see a string of one term Presidents along the way...

Message 25414384

GZ



To: DuckTapeSunroof who wrote (6905)2/15/2009 10:17:10 AM
From: tntpal  Read Replies (3) | Respond to of 103300
 
"World Trade Is Falling Off a Cliff (John Mauldin)
...Consumers all over the developed world are in shock, as assets such as stocks and houses, real estate, and commodities fall in value. Unemployment is rising.
We think that almost 2,000,000 lost jobs in the last three months in the US is a catastrophe. China lost a reported 20,000,000 jobs in the last quarter, and migrant workers came back to the cities after Chinese New Year to find factories and jobs simply gone. Unemployment is rising rapidly in Europe, as the demand for goods has clearly been falling since last October.<i/>"

Unfortunately, history usual calls for a major war at this point of economic stress. With China having that high of a population unemployed, one would expect them to start some type of aggression in the near future. tnt