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To: teevee who wrote (173003)9/29/2012 8:31:30 PM
From: golfer7221 Recommendations  Read Replies (1) | Respond to of 206209
 
The collapse should have occurred. We would be recovering from it now. Its just getting pushed out further and then when it actually does occur there will be no recovery. Thats the problem. Why cant people like you take your medicine and stop transferring our problems onto our children? Please tell me why.



To: teevee who wrote (173003)9/29/2012 11:05:34 PM
From: t4texas2 Recommendations  Respond to of 206209
 
item 4 of your list should give you the proper Wakeup call for your further research. i won't spend a lot of time on this with you, but you should look deeply into what japan has done besides create credit for over 20 years (to build roads and bridges). to start your research look at what japan did with hundreds of companies that should have been allowed to go bankrupt. most of them have been kept alive with all this japan central bank credit, and they have been given the moniker zombie corporations by many. the reason japan's govt. did not want to let these companies go bankrupt was the raised level of unemployment that would follow (members of parliament follow soon after). japan's culture does not want too many people to feel bad, because in japan if you don't have a job you ain't shit. so japan never restructured.