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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (586425)9/20/2010 12:10:42 PM
From: bentway  Read Replies (1) | Respond to of 1576177
 
"Recessions are part of the normal economic cycle."

Recessions aren't an act of nature! They're a consequence of human inventions, fiat money and the economy. Human actions can determine when they occur or whether they occur.

Our Sec. Treas.'s and Fed Head's USED to believe they needed to quash booms to prevent the following inevitable busts. Let's get BACK to THAT.

You're really a fatalist, aren't you Ten? That's a much more Buhddist position, that life is suffering, than a Christian one.

Won't prayer at least HELP?



To: Tenchusatsu who wrote (586425)9/22/2010 7:36:00 PM
From: combjelly  Read Replies (1) | Respond to of 1576177
 
"It's all cyclical. Recessions are part of the normal economic cycle. Consumers spend this time recharging their buying power, building up savings, paying off debt, etc."

There are cycles and then there are other things. Crashing the world economy is not a normal part of any "cycle".

"Trying to shortcut this process isn't going to work. IMHO."

You base this opinion on what, exactly?


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