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depression

mac10
sorry , it is 1929 again  but with 2 chickens in every pot
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11 comments

Date Votes
  • jimdeere
    I hadn’t noticed. Are the Cubs in the World Series?
    3
  • Brookwood
    I get depressed reading what they call the news these days.  If it were Jan. 1st, I'd start the new year with the resolution to quit reading it! 
    0
  • mmppres
    Its all in your mind. They are tring to make you believe everything is real
    0
  • serf
    mac10 said:
    sorry , it is 1929 again  but with 2 chickens in every pot
      Or it's Hoover pork (armadillo)  Faith in governments having sound principals in budget control (no debt) is gone and That's no lie.                   
             The rich rule over the poor, and the borrower is slave to the lender. Unless The Federal Reserve intervenes then the saver is the slave.  Black is white one day and then white is black the next day.It's called shades of gray.
                                                    serf
     

    In a world that’s seen a dramatic rise in isolationist politicians and policies, the coronavirus reminds us that we still share a planet where not everything is controllable by brute force or posturing. Medical, climate, and financial crises can spread ever more rapidly in this distinctly globalized world of ours for a variety of reasons. That’s why the old adage an ounce of prevention is worth a pound of cure still holds.

    The reality is that an economy based on a kind of inequality once unknown to Americans is at a crossroads and the coronavirus seems to have infected it. So even with the cards stacked in their favor, the unseemly wealthy and the denizens of Wall Street can’t prevent real people from taking the brunt of the blowback. Nor will the Fed, whatever its rate cuts, nor Donald Trump, whatever his tweets, be able to prevent the majority of Americans from taking a significant hit in what’s sure to be a global economic storm.



    0
  • KenK/84Bravo

    Serf - I am curious, do you EVER have a positive outlook, on anything? Take some deep breaths man.

    0
  • Don McManus
    This 'kind of inequality once unknown to Americans' is such total Marxist horsecrap, it is beyond ignorance, beyond stupidity and beyond reason.

    Yes we have a few people that are incredibly rich.
    Does anyone remember John D. Rockefeller, J.P. Morgan, Andrew Carnegie?

    This is how successful capital markets work.  The poor in America have a standard of living that would be envied by most Americans even 70 years ago.

    The reality is that the average American, if they want to be, is healthier, lives longer, and can access better products at less real cost that at any time in our history.  

    The virus panic will pass in a couple of months.  The real danger is ignorant over-reaction that will stifle economic activity long after the actual danger is long past.
    3
  • Mr. Perfect
    serf said:
    mac10 said:
    sorry , it is 1929 again  but with 2 chickens in every pot
      Or it's Hoover pork (armadillo)  Faith in governments having sound principals in budget control (no debt) is gone and That's no lie.                   
             The rich rule over the poor, and the borrower is slave to the lender. Unless The Federal Reserve intervenes then the saver is the slave.  Black is white one day and then white is black the next day.It's called shades of gray.
                                                    serf
     

    In a world that’s seen a dramatic rise in isolationist politicians and policies, the coronavirus reminds us that we still share a planet where not everything is controllable by brute force or posturing. Medical, climate, and financial crises can spread ever more rapidly in this distinctly globalized world of ours for a variety of reasons. That’s why the old adage an ounce of prevention is worth a pound of cure still holds.

    The reality is that an economy based on a kind of inequality once unknown to Americans is at a crossroads and the coronavirus seems to have infected it. So even with the cards stacked in their favor, the unseemly wealthy and the denizens of Wall Street can’t prevent real people from taking the brunt of the blowback. Nor will the Fed, whatever its rate cuts, nor Donald Trump, whatever his tweets, be able to prevent the majority of Americans from taking a significant hit in what’s sure to be a global economic storm.




    Are you trying to spur class warfare? Why?
    0
  • jimdeere
    I don’t think serf could spur a hobby horse.
    3
  • spasmcreeksrun
    and a new car and more on credit cards than even god imagined
    0
  • asop
    I just love the diversity here ;)
    0
  • Horse Plains Drifter
    jimdeere said:
    I don’t think serf could spur a hobby horse.
     :D  :D
    0

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