Dollar Holocaust?

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Dollar Holocaust?

Postby Calabria » Wed Jan 23, 2008 18:54

http://www.youtube.com/watch?v=Xb0jJYYXjpQ



what do you guys thing? how do you c the future?

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Postby Spyhawk » Wed Jan 23, 2008 19:18

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.

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Postby -Drag- » Wed Jan 23, 2008 19:52

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Postby PrimitivE » Wed Jan 23, 2008 20:03

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.....

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Postby Calabria » Wed Jan 23, 2008 21:51

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?

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Postby siegemode12 » Thu Jan 24, 2008 9:42

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

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Postby Scuba_Steve » Thu Jan 24, 2008 11:59

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,
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Postby Calabria » Thu Jan 24, 2008 17:14

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 :D

dollar needs to go up i guess

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Postby Scuba_Steve » Thu Jan 24, 2008 17:40

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 :D

dollar needs to go up i guess


They didnt made money from the factory, they used central bank money ;)
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