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Also, our last economic crash? Yeah, that was right before the whole invading iraq and afghanistan thing. Perhaps a different story, but still...
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<Reverend> IRC is just multiplayer notepad.
I like your SNOOPY POSTER! - While you Wait quote. -
This would be more convincing if the author knew where in Pakistan the Pashtuns were being bombed.The good news is that, if the US economy collapses, the Pashtun farmer in northeastern Pakistan, the Iraqi shopkeeper in Fallujah, the Iranian worker in Tehran, and the peasant in Venezuela, will no longer have to worry about being bombed or having their children mowed down by a US helicopter gunship.
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“I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
- John 13:34-35 (NRSV)Comment
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And they're off! Asian markets off 3 to 7% by midday.(\__/)
(='.'=)
(")_(") This is Bunny. Copy and paste bunny into your signature to help him gain world domination.Comment
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So, does this all mean history books will say Greenspan sucked?
By the way, anybody knows what libertarians are saying? I mean, what way of blaming this on the state have they found?I need a foot massageComment
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The crisis is not that different, Argentina during the nineties had an overvalued currency, and the way the state found to cover that deficit was first, privatizing the public companies for billions and dollars, and once they had no more companies to privatize, just getting more and more indebted (at that time they would say that if the debt grows less than the gdp there is no problem)Originally posted by OneFootInTheGrave
It's not even close... Argentina was a true catastrophe on local level... this is merely seismic movement, but the ground will not be opening
The USA has also been growing more than it should have these past years, it was all based on cheap loans and debts.
The difference is that Argentina has had three crisis like this one since 1980, so people unfortunately know how it feels, and as soon as they see a few symptoms, they all rush to the banks to get their dollars out.
If something like that happened in the USA (I know it won't) it would be the twilight zone.I need a foot massageComment
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Too much regulation since 1932. If the market had been left to it's own devices there would have been no wars, hot or cold, no military-industrial complex, no hippies, no stagflation, no dot com bubble, and no credit bubble.Originally posted by Barnabas
So, does this all mean history books will say Greenspan sucked?
By the way, anybody knows what libertarians are saying? I mean, what way of blaming this on the state have they found?
The market fixes all. Ohmmmmm.(\__/)
(='.'=)
(")_(") This is Bunny. Copy and paste bunny into your signature to help him gain world domination.Comment
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That giant pumping sound is the Fed flooding the system with cash.Originally posted by notyoueither
And they're off! Asian markets off 3 to 7% by midday.
My guess is that after a short pop for the stock markets, it will just go to pump up the gold and oil prices. Stock prices need to fall.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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If libertarians were in control we would be in a full blown world depression at this point.Originally posted by Barnabas
So, does this all mean history books will say Greenspan sucked?
By the way, anybody knows what libertarians are saying? I mean, what way of blaming this on the state have they found?I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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If your lot were in control we'd be standing in line five hours to buy toilet paper.Originally posted by Kidicious
If libertarians were in control we would be in a full blown world depression at this point.Originally posted by Serb:Please, remind me, how exactly and when exactly, Russia bullied its neighbors?
Originally posted by Ted Striker:Go Serb !
Originally posted by Pekka:If it was possible to capture the essentials of Sepultura in a dildo, I'd attach it to a bicycle and ride it up your azzes.Comment
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"The Christian way has not been tried and found wanting, it has been found to be hard and left untried" - GK Chesterton.
"The most obvious predicition about the future is that it will be mostly like the past" - Alain de BottonComment
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I'm american, not russian.Originally posted by Saras
If your lot were in control we'd be standing in line five hours to buy toilet paper.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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But your flag is Kiribati.
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Which I had to wiki to find out where it was
"lol internet" ~ AAHZComment
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I don't really live in OKC either...Originally posted by Alinestra Covelia
But your flag is Kiribati.
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Which I had to wiki to find out where it was
Yes I do.
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Five hours and TWICE more expensive?Originally posted by Kidicious
I'm american, not russian.Originally posted by Serb:Please, remind me, how exactly and when exactly, Russia bullied its neighbors?
Originally posted by Ted Striker:Go Serb !
Originally posted by Pekka:If it was possible to capture the essentials of Sepultura in a dildo, I'd attach it to a bicycle and ride it up your azzes.Comment
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