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

To: gregor_us who wrote (21320)	7/13/2009 5:33:12 PM
From: Killswitch	Read Replies (1) \| Respond to of 71456

Yes, I think that is the correct view. The governments of the world have simply treated a symptom of the debt disease, but either do not realize how to really cure it or are avoiding it. One economist who groks this all is Keen in Australia: debtdeflation.com

To: gregor_us who wrote (21320)	7/13/2009 7:21:57 PM
From: NOW	1 Recommendation Respond to of 71456

how would the debt jubilee have insured bonuses to AIG?

To: gregor_us who wrote (21320)	7/14/2009 12:32:53 AM
From: Skeeter Bug	12 Recommendations Read Replies (1) \| Respond to of 71456

>>After all, this entire 2 year credit bailout effort is nothing more than a theory about how to get credit flowing again and via what credit transmission system.<< i could not disagree more. this is nothing more than the looting of the american tax payer so that important people who bribe government officials don't have to eat their losses like the rest of us. they knew d*mn well they wouldn't lend in this environment - only a fool would do that en masse. that was the cover story for the theft. pure and simple.

To: gregor_us who wrote (21320)	7/14/2009 3:39:04 AM
From: axial	Respond to of 71456

"After all, this entire 2 year credit bailout effort is nothing more than a theory about how to get credit flowing again and via what credit transmission system. They thought that by covering the bank's hole, that this would allow them to shovel out money." It's all theory; the only thing that anyone "knows" is that others who think differently are wrong. Your suggestion has been made by many others as a straightforward way to perform the required economic adjustment. Clean and simple: that guarantees non-acceptance. Unless, of course, 95% of the money went to the elites who put the nation in this terrible predicament. That would guarantee the idea's speedy execution. Jim