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To: Metacomet who wrote (27621)5/2/2012 10:24:20 AM
From: Nevada9999  Read Replies (1) | Respond to of 29622
 
There is no way around it. We are going to see it. There was still a chance of rectifying things in 2000 with moderate pain. The policies that have been employed since would have been considered lunacy then. As this economy rolls over again they will have to double down on the lunacy again to put off the inevitable. What's your vision for the future?



To: Metacomet who wrote (27621)5/2/2012 10:35:30 AM
From: Mike M23 Recommendations  Respond to of 29622
 
I suggest that you read "The New Depression" by Richard Duncan to understand that this credit bubble was decades in the making. It's only 170 pgs -excellent read . Duncan is the author " The Dollar crisis -causes consequences, cures" . There is plenty of blame for both parties going back to President Wilson signing the Federal Reserve Act . financialsense.com


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