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To: John McCarthy who wrote (298836)12/18/2010 2:20:48 PM
From: Giordano BrunoRead Replies (1) | Respond to of 306849
 
They certainly are an interesting group.

Goldman Sachs has cut GDP forecasts for 2011 to 1.9% from 2.4%

Aug. 6, 2010

businessinsider.com



To: John McCarthy who wrote (298836)12/18/2010 4:06:09 PM
From: BWACRead Replies (1) | Respond to of 306849
 
All I know is that is all about the velocity of money. Or lack thereof for the 'economy' outside of the banksters and wall street.

The money supply and velocity between the Fed, Banksters, Wall Street, and Treasury is going full tilt in their little circle of the money flow world.

Consumers, small business, unemployed, homeowners, etc. all got thrown out of the money flow circle and are still suffering from lack of capital to invest, restricted access to credit, and massive losses caused largely when the banksters almost overnight blew up the existing velocity and flow of money thru the economy.

Until this second group is returned or allowed back into the velocity of money flow circle then the economy is going to suffer and joblessness grow higher.

The Fed can pump all the money it wants into its bankster circle of money flow, but it won't do any good until that money begins to flow among the PEOPLE at the same velocity it is flowing amongst the bankster and the Fed fools.