View Single Post
Old 02.18.2009, 03:43 PM   #15
!@#$%!
invito al cielo
 
!@#$%!'s Avatar
 
Join Date: Mar 2006
Location: mars attacks
Posts: 42,729
!@#$%! kicks all y'all's asses!@#$%! kicks all y'all's asses!@#$%! kicks all y'all's asses!@#$%! kicks all y'all's asses!@#$%! kicks all y'all's asses!@#$%! kicks all y'all's asses!@#$%! kicks all y'all's asses!@#$%! kicks all y'all's asses!@#$%! kicks all y'all's asses!@#$%! kicks all y'all's asses!@#$%! kicks all y'all's asses
Quote:
Originally Posted by davenotdead
no i don't work. i'm tryin to get back into college to get a damn degree that everyone tells me i should be getting. i own property mostly

i see-- working people are being let go of their jobs because everybody is afraid to spend money, business orders drops, people get the ax.

george wanker bush added 5 TRILLION dollars to the economy mostly to waste-- any damage to the economy has already been done of course.

the stimulus package is a drop in the bucket, by comparison (well not exactly). now the question is: can it cause inflation? yes. will the dolar devaluate? of course. both in the short term. but in the long term this is preventing a total collapse of the economy due to a failure of the financial system. think of it as an engine stalling-- takes more energy to start an engine than to keep it going.

now don't kid yourself, we've had higher inflation than it has been reported, but the problem is that the CPI is manipulated like a cheap sex doll to make it look like inflation remains low-- bullshit.

the way i see it (i am no expert) our economy HAS TO contract because it's been fueled by debt and fictitious assets for too long, and promoted consumerism instead of saving and investing, so yeah, we're going to have to eat some shit, but hopefully not so much that we choke to death.

regarding property, im going to assume this is real estate, think what happens when your tenants lose their jobs, the city loses taxes, the cops & firefighters aren't around to keep the peace & safety-- you get the picture.

google "hooverville" for images.

gtg i might rant more later.
!@#$%! is offline   |QUOTE AND REPLY|