Home › Forums › Financial Markets/Economics › The Real Great Depression (Panic of 1873)
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Aecetia.
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January 6, 2009 at 9:51 PM #325782January 6, 2009 at 11:40 PM #325321
SD Realtor
ParticipantCounselor I would hope that what you posted would come to fruition but I honestly do not see it happen with either the present and the incoming administration. In fact from where I sit it, appears that we will be force fed more of the same deficit spending mentality. However at some point in the future I do agree with conventional posts that the world will eventually stop feeding our addiction. Thus we will forced to gravitate towards a future like you have envisioned.
January 6, 2009 at 11:40 PM #325657ParticipantCounselor I would hope that what you posted would come to fruition but I honestly do not see it happen with either the present and the incoming administration. In fact from where I sit it, appears that we will be force fed more of the same deficit spending mentality. However at some point in the future I do agree with conventional posts that the world will eventually stop feeding our addiction. Thus we will forced to gravitate towards a future like you have envisioned.
January 6, 2009 at 11:40 PM #325728ParticipantCounselor I would hope that what you posted would come to fruition but I honestly do not see it happen with either the present and the incoming administration. In fact from where I sit it, appears that we will be force fed more of the same deficit spending mentality. However at some point in the future I do agree with conventional posts that the world will eventually stop feeding our addiction. Thus we will forced to gravitate towards a future like you have envisioned.
January 6, 2009 at 11:40 PM #325745ParticipantCounselor I would hope that what you posted would come to fruition but I honestly do not see it happen with either the present and the incoming administration. In fact from where I sit it, appears that we will be force fed more of the same deficit spending mentality. However at some point in the future I do agree with conventional posts that the world will eventually stop feeding our addiction. Thus we will forced to gravitate towards a future like you have envisioned.
January 6, 2009 at 11:40 PM #325827ParticipantCounselor I would hope that what you posted would come to fruition but I honestly do not see it happen with either the present and the incoming administration. In fact from where I sit it, appears that we will be force fed more of the same deficit spending mentality. However at some point in the future I do agree with conventional posts that the world will eventually stop feeding our addiction. Thus we will forced to gravitate towards a future like you have envisioned.
January 14, 2009 at 5:09 PM #328791Aecetia
Participant“The ultimate result of shielding men from the
effects of folly, is to fill the world with fools.”[Herbert Spencer, Essays, vol. 3, “State
Tamperings with Money and Banks” (1891).
from The Columbia Dictionary of Quotations]January 14, 2009 at 5:09 PM #329129Participant“The ultimate result of shielding men from the
effects of folly, is to fill the world with fools.”[Herbert Spencer, Essays, vol. 3, “State
Tamperings with Money and Banks” (1891).
from The Columbia Dictionary of Quotations]January 14, 2009 at 5:09 PM #329200Participant“The ultimate result of shielding men from the
effects of folly, is to fill the world with fools.”[Herbert Spencer, Essays, vol. 3, “State
Tamperings with Money and Banks” (1891).
from The Columbia Dictionary of Quotations]January 14, 2009 at 5:09 PM #329227Participant“The ultimate result of shielding men from the
effects of folly, is to fill the world with fools.”[Herbert Spencer, Essays, vol. 3, “State
Tamperings with Money and Banks” (1891).
from The Columbia Dictionary of Quotations]January 14, 2009 at 5:09 PM #329310Participant“The ultimate result of shielding men from the
effects of folly, is to fill the world with fools.”[Herbert Spencer, Essays, vol. 3, “State
Tamperings with Money and Banks” (1891).
from The Columbia Dictionary of Quotations]January 14, 2009 at 6:09 PM #328836Arraya
ParticipantOwners of capital will stimulate the working class to buy more
and more expensive goods, houses and technology, pushing them
to take more and more expensive credits, until their debt
becomes unbearable. The unpaid debt will lead to bankruptcy of
the banks, which will have to be nationalized, and the State
will have to take the road which will eventually lead to
Communism.”
Karl Marx 1867January 14, 2009 at 6:09 PM #329173ParticipantOwners of capital will stimulate the working class to buy more
and more expensive goods, houses and technology, pushing them
to take more and more expensive credits, until their debt
becomes unbearable. The unpaid debt will lead to bankruptcy of
the banks, which will have to be nationalized, and the State
will have to take the road which will eventually lead to
Communism.”
Karl Marx 1867January 14, 2009 at 6:09 PM #329245ParticipantOwners of capital will stimulate the working class to buy more
and more expensive goods, houses and technology, pushing them
to take more and more expensive credits, until their debt
becomes unbearable. The unpaid debt will lead to bankruptcy of
the banks, which will have to be nationalized, and the State
will have to take the road which will eventually lead to
Communism.”
Karl Marx 1867January 14, 2009 at 6:09 PM #329272ParticipantOwners of capital will stimulate the working class to buy more
and more expensive goods, houses and technology, pushing them
to take more and more expensive credits, until their debt
becomes unbearable. The unpaid debt will lead to bankruptcy of
the banks, which will have to be nationalized, and the State
will have to take the road which will eventually lead to
Communism.”
Karl Marx 1867 -
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