Dollar Holocaust?
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In the United States, the economy follows a somewhat regular pattern of expansion and contraction. The economy will typically expand steadily for six to 10 years and then enter a recession for six months to two years
(from Wikipedia)
The last recession was in 1991 and 2001... so.. dont worry. Perhaps the future will be a little harder, but that's not an holocaust.
first law of the economic system is:
increase…..always……
that was the first sentence of my teacher in business management!
and the first thing i thaught: "Impossible"!
just a matter of time the whole system will collapse
i dont think in the near future but it will
and like history tought us its clear what will be next.....
increase…..always……
that was the first sentence of my teacher in business management!
and the first thing i thaught: "Impossible"!
just a matter of time the whole system will collapse
i dont think in the near future but it will
and like history tought us its clear what will be next.....
Spyhawk wrote:In the United States, the economy follows a somewhat regular pattern of expansion and contraction. The economy will typically expand steadily for six to 10 years and then enter a recession for six months to two years
(from Wikipedia)
The last recession was in 1991 and 2001... so.. dont worry. Perhaps the future will be a little harder, but that's not an holocaust.
Wikipedia...LOL
Recession ; it's the economy saying; "let me have a break"
But the american economic and foreign policy has been straight shit, people in america will have a more expensive life
So what's the solution? Higher taxes? Or even more debts?
- siegemode12
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If the taxes are higher that makes ppl even harder to buy even food :S
Bec the dollar is going down and if taxes go up...ppl just dont have the money to pay those taxes
Bec the dollar is going down and if taxes go up...ppl just dont have the money to pay those taxes
- Scuba_Steve
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- Joined: Mon Dec 25, 2006 1:00
- Location: The Netherlands,
Thats why should stimulate ppl to buy products to boost the economy,
Bush has done this by giving some money away to poor famillys so they will spend more,
Bush has done this by giving some money away to poor famillys so they will spend more,
- Scuba_Steve
- Posts: 715
- Joined: Mon Dec 25, 2006 1:00
- Location: The Netherlands,
Calabria wrote:Scuba_Steve wrote:Thats why should stimulate ppl to buy products to boost the economy,
Bush has done this by giving some money away to poor famillys so they will spend more,
jep, and this causes inflation
dollar needs to go up i guess
They didnt made money from the factory, they used central bank money
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