- This topic has 30 replies, 6 voices, and was last updated 14 years, 11 months ago by
peterb.
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March 26, 2008 at 12:07 PM #176986May 14, 2009 at 9:05 PM #399248
moneymaker
ParticipantThe DOW was @ 12,422 on this day, I guess those were the good ole’ days.
May 14, 2009 at 9:05 PM #399500ParticipantThe DOW was @ 12,422 on this day, I guess those were the good ole’ days.
May 14, 2009 at 9:05 PM #399733ParticipantThe DOW was @ 12,422 on this day, I guess those were the good ole’ days.
May 14, 2009 at 9:05 PM #399792ParticipantThe DOW was @ 12,422 on this day, I guess those were the good ole’ days.
May 14, 2009 at 9:05 PM #399937ParticipantThe DOW was @ 12,422 on this day, I guess those were the good ole’ days.
May 14, 2009 at 9:33 PM #399287Bob
Participant[quote=Alex_angel]But Bush and his crew would never do that to the American people would they?[/quote]
The Federal Reserve had the ability to control the bubble from inflating, yet didn’t. And guess who was part of that crew ? Many of the same guys who are on Obama’s crew, ie, Bernanke and Geithner.
Until the federal reserve is regulated, or better yet, eliminated, the US economy will continue to experience boom and bust cycles.
May 14, 2009 at 9:33 PM #399540Participant[quote=Alex_angel]But Bush and his crew would never do that to the American people would they?[/quote]
The Federal Reserve had the ability to control the bubble from inflating, yet didn’t. And guess who was part of that crew ? Many of the same guys who are on Obama’s crew, ie, Bernanke and Geithner.
Until the federal reserve is regulated, or better yet, eliminated, the US economy will continue to experience boom and bust cycles.
May 14, 2009 at 9:33 PM #399770Participant[quote=Alex_angel]But Bush and his crew would never do that to the American people would they?[/quote]
The Federal Reserve had the ability to control the bubble from inflating, yet didn’t. And guess who was part of that crew ? Many of the same guys who are on Obama’s crew, ie, Bernanke and Geithner.
Until the federal reserve is regulated, or better yet, eliminated, the US economy will continue to experience boom and bust cycles.
May 14, 2009 at 9:33 PM #399828Participant[quote=Alex_angel]But Bush and his crew would never do that to the American people would they?[/quote]
The Federal Reserve had the ability to control the bubble from inflating, yet didn’t. And guess who was part of that crew ? Many of the same guys who are on Obama’s crew, ie, Bernanke and Geithner.
Until the federal reserve is regulated, or better yet, eliminated, the US economy will continue to experience boom and bust cycles.
May 14, 2009 at 9:33 PM #399974Participant[quote=Alex_angel]But Bush and his crew would never do that to the American people would they?[/quote]
The Federal Reserve had the ability to control the bubble from inflating, yet didn’t. And guess who was part of that crew ? Many of the same guys who are on Obama’s crew, ie, Bernanke and Geithner.
Until the federal reserve is regulated, or better yet, eliminated, the US economy will continue to experience boom and bust cycles.
May 15, 2009 at 8:53 AM #399496peterb
ParticipantThe way this economic contraction is evolving is very close to all classic credit contraction driven recessions. Therefore, a true bottom probably will not happen until 40 to 50 months from the begining of the contraction. Beware, as this one looks worse than all previous contractions. It could be longer and deeper.
May 15, 2009 at 8:53 AM #399750ParticipantThe way this economic contraction is evolving is very close to all classic credit contraction driven recessions. Therefore, a true bottom probably will not happen until 40 to 50 months from the begining of the contraction. Beware, as this one looks worse than all previous contractions. It could be longer and deeper.
May 15, 2009 at 8:53 AM #399980ParticipantThe way this economic contraction is evolving is very close to all classic credit contraction driven recessions. Therefore, a true bottom probably will not happen until 40 to 50 months from the begining of the contraction. Beware, as this one looks worse than all previous contractions. It could be longer and deeper.
May 15, 2009 at 8:53 AM #400036ParticipantThe way this economic contraction is evolving is very close to all classic credit contraction driven recessions. Therefore, a true bottom probably will not happen until 40 to 50 months from the begining of the contraction. Beware, as this one looks worse than all previous contractions. It could be longer and deeper.
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