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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (47556)3/16/2009 8:50:16 PM
From: Snowshoe  Read Replies (1) | Respond to of 220276
 
The USA middle class is not being destroyed, but it is being "redefined". ;)



To: TobagoJack who wrote (47556)3/17/2009 12:36:14 AM
From: elmatador  Respond to of 220276
 
Already treated in here: Message 24856732

Once the great Chinua Achene said:

The developed countries have a sense of the precariousness of their societies and need to keep constantly comparing themselves to the third world.

The precariousness of their society started showing.



To: TobagoJack who wrote (47556)3/17/2009 7:04:49 AM
From: Golconda  Read Replies (1) | Respond to of 220276
 
what do you think of bloomberg tv?



To: TobagoJack who wrote (47556)3/18/2009 5:02:03 PM
From: prosperous1 Recommendation  Read Replies (1) | Respond to of 220276
 
The economy getting into a very interesting state. The Fed etc are trying to do whatever idiotic scheme they can dream of to save economy and the govt machinery is poorly equipped to handle any of the intended projects so count that help out. Huge amount of money being pumped into the system with huge layoffs happening (either publicly or overtly) indicates that the real needy ones are not going to be beneficiaries of any of these programs because they are not going to be borrowing (no one will lend to them).

The ones that would benefit most are likely to be those who will find most loopholes in the fastest way and execute them. Expect a lot of fraud to happen over next few years with real economy still in nosedive. If you were looking for where the next bubble after Internet, housing, debt, commodities is going to be, the writng is on the wall! It going to be in fraud! With AIG, Madoff, and others would just seem like the bubble is in its teens. Hope others are more positive about these steps. Bernake's bull headed financial wizardry can have ominous implications down the road.