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

To: i-node who wrote (713203)	5/4/2013 12:58:34 PM
From: longnshort	1 Recommendation Respond to of 1579026

that's Doctor Nitwit,MD

To: i-node who wrote (713203)	5/4/2013 2:58:35 PM
From: combjelly	Read Replies (1) \| Respond to of 1579026

Never thought you'd admit that. So you agree that high debt to GDP does not necessarily lead to a failing economy. And, by extension, austerity measures are not helpful when the economy is recovering.

To: i-node who wrote (713203)	5/4/2013 5:07:33 PM
From: puborectalis	Read Replies (1) \| Respond to of 1579026

Nitwit. The subprime mortgage crisis erupted in the summer of 2007 and against a backdrop of an 8.3 percent unemployment rate (compared with 4.4 percent at the outset of the financial crisis). The aftermaths of severe financial crises are characterized by long, deep recessions in which crucial indicators such as unemployment and housing prices take far longer to hit bottom than they would after a normal recession. And the bottom is much deeper. Studies by the International Monetary Fundconcluded much the same.