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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: RJA_ who wrote (20525)	5/23/2009 9:17:56 PM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 71475

productive work.. that produces. otherwise... you know the story. now the problem is........... so much money thrown down the toliet to no "producing" use......... i think we've crossed the line. so we can talk all day long and all for the good, but it is no longer possible to finance it. that's the stark reality. it's too damn late. so it will go where it goes.. and the rest you know. its over bob. its just over.

To: RJA_ who wrote (20525)	5/25/2009 12:18:01 AM
From: benwood	7 Recommendations Respond to of 71475

"Basic issue: Is there enough work to give folks a basic income? My guess is no." I think this pretty much sums up our economic conundrum. Houses cost too much; debt load is too high; there is too little saving for retirement. But more immediately: how will millions stay off the street, keep their bellies full, afford any medical care except that covered by the shrinking taxpayer base? And even worse: the job base, which was a mirage of construction and mortgage lending, has evaporated as they economy died of thirst. What percentage of meaningful jobs have been exported? 50? 60? I still shake my head at the past few years. How can an economy powered by building, selling, mortgaging, and furnishing bigger homes be a trend that can go anywhere but down a rat hole?