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Thread: How can a world economy really boom and crash so much

  1. #11
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    Chris's Avatar Senior Member
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    This house of cards is bound to fail and fall.
    Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler

  2. #12
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    The Xl's Avatar Advisor
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    Quote Originally Posted by Chris View Post
    This house of cards is bound to fail and fall.
    And everyone will suffer but the ones who engineered this ridiculous gimmick. That's the sad reality of it.

  3. #13
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    Quote Originally Posted by The Xl View Post
    And everyone will suffer but the ones who engineered this ridiculous gimmick. That's the sad reality of it.
    As long as they're in control, yes, the powerful will bail the rich with our wealth.
    Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler

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    Ransom's Avatar Senior Member
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    Quote Originally Posted by Common View Post
    I think everyone agrees with that. I think the difference is in what each side wants to spend on and that republicans think no one should pay taxs, which translates they are protecting the rich
    The GOP thinks no one should pay taxes?

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    Ransom's Avatar Senior Member
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    Quote Originally Posted by Chris View Post
    This house of cards is bound to fail and fall.
    Done anything to prevent that, Eeyore.

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    Quote Originally Posted by Ransom View Post
    Done anything to prevent that, Eeyore.
    I want to see it happen, Pooh.
    Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler

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    Quote Originally Posted by Peter1469 View Post
    Too much debt spending.
    just the same way the tide goes in and out continuously. Everything is cyclical.

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    Quote Originally Posted by Ransom View Post
    The GOP thinks no one should pay taxes?
    I can predict the average liberal's response to that.

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    Originally Posted by Commonn I think everyone agrees with that. I think the difference is in what each side wants to spend on and that republicans think no one should pay taxs, which translates they are protecting


    and this person claims to be non partisan......

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    Quote Originally Posted by Peter1469 View Post
    Too much debt spending.
    The banks cannot repossess money loaned and spent for welfare, corporate or personal, or arts endowments etc. I mean all the world governments have to do is stop spending and offer the megabanks cents on the dollar. What are they going to do "repossess Canada?" No they can't because countries aren't listed as collateral for government loans, pretty much nothing is. If you are stupid enough to loan anyone, espeically a government , that much unsecured debt you reap what you sewed. And yes I know all the money did not come directly from banks, but banks and megacorps are indirectly involved in pretty much all of it. All what 5-10% of the debt that actually exist as a real asset to be lent against to begin with?

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