Home › Forums › Financial Markets/Economics › Volcker: Crisis May be Even Worse than Depression
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afx114.
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February 21, 2009 at 8:23 AM #351091February 21, 2009 at 8:38 AM #351682
Nor-LA-SD-guy
ParticipantThe only thing I can thing of at the moment is some type of Instant credit repair for FHB..
But mostly just NEED !!
February 21, 2009 at 8:38 AM #351550Nor-LA-SD-guy
ParticipantThe only thing I can thing of at the moment is some type of Instant credit repair for FHB..
But mostly just NEED !!
February 21, 2009 at 8:38 AM #351111Nor-LA-SD-guy
ParticipantThe only thing I can thing of at the moment is some type of Instant credit repair for FHB..
But mostly just NEED !!
February 21, 2009 at 8:38 AM #351424Nor-LA-SD-guy
ParticipantThe only thing I can thing of at the moment is some type of Instant credit repair for FHB..
But mostly just NEED !!
February 21, 2009 at 8:38 AM #351584Nor-LA-SD-guy
ParticipantThe only thing I can thing of at the moment is some type of Instant credit repair for FHB..
But mostly just NEED !!
February 21, 2009 at 9:17 AM #351459jpinpb
ParticipantI have asked this question before and I don’t remember any answers. I don’t know what it would take to turn it around. Throwing money at it is — well, there’s just not enough money. We just experienced a mega-bubble. The best the government can do is let the air out gently, i.e. slow the train down from 1000 miles an hour to 200 miles an hour. It’s still going to hurt, just take longer to feel the pain.
February 21, 2009 at 9:17 AM #351717jpinpb
ParticipantI have asked this question before and I don’t remember any answers. I don’t know what it would take to turn it around. Throwing money at it is — well, there’s just not enough money. We just experienced a mega-bubble. The best the government can do is let the air out gently, i.e. slow the train down from 1000 miles an hour to 200 miles an hour. It’s still going to hurt, just take longer to feel the pain.
February 21, 2009 at 9:17 AM #351146jpinpb
ParticipantI have asked this question before and I don’t remember any answers. I don’t know what it would take to turn it around. Throwing money at it is — well, there’s just not enough money. We just experienced a mega-bubble. The best the government can do is let the air out gently, i.e. slow the train down from 1000 miles an hour to 200 miles an hour. It’s still going to hurt, just take longer to feel the pain.
February 21, 2009 at 9:17 AM #351585jpinpb
ParticipantI have asked this question before and I don’t remember any answers. I don’t know what it would take to turn it around. Throwing money at it is — well, there’s just not enough money. We just experienced a mega-bubble. The best the government can do is let the air out gently, i.e. slow the train down from 1000 miles an hour to 200 miles an hour. It’s still going to hurt, just take longer to feel the pain.
February 21, 2009 at 9:17 AM #351618jpinpb
ParticipantI have asked this question before and I don’t remember any answers. I don’t know what it would take to turn it around. Throwing money at it is — well, there’s just not enough money. We just experienced a mega-bubble. The best the government can do is let the air out gently, i.e. slow the train down from 1000 miles an hour to 200 miles an hour. It’s still going to hurt, just take longer to feel the pain.
February 21, 2009 at 9:42 AM #351653denverite
ParticipantThe only long-term cure will be when the government adopts policies that create and maintain middle-class (production) jobs. This means that,as a nation, we must produce goods and services that the US and the remainder of the world will need. The economy cannot fully recover until consumers (~70% of our GDP) have gainful, productive employment.
Short term stimulus’ and tax breaks will not move the economy ahead in the long run, and may have deleterious consequences down the road.
Stock markets previously priced in cheaper, outsourced labor for many industries. The market, if not already pricing in the increased cost of domestic labor, may yet have more adjustment to come.
If we continue to send jobs overseas, we will end up with a “second world” economy, with a diminishing middle class.
February 21, 2009 at 9:42 AM #351752denverite
ParticipantThe only long-term cure will be when the government adopts policies that create and maintain middle-class (production) jobs. This means that,as a nation, we must produce goods and services that the US and the remainder of the world will need. The economy cannot fully recover until consumers (~70% of our GDP) have gainful, productive employment.
Short term stimulus’ and tax breaks will not move the economy ahead in the long run, and may have deleterious consequences down the road.
Stock markets previously priced in cheaper, outsourced labor for many industries. The market, if not already pricing in the increased cost of domestic labor, may yet have more adjustment to come.
If we continue to send jobs overseas, we will end up with a “second world” economy, with a diminishing middle class.
February 21, 2009 at 9:42 AM #351181denverite
ParticipantThe only long-term cure will be when the government adopts policies that create and maintain middle-class (production) jobs. This means that,as a nation, we must produce goods and services that the US and the remainder of the world will need. The economy cannot fully recover until consumers (~70% of our GDP) have gainful, productive employment.
Short term stimulus’ and tax breaks will not move the economy ahead in the long run, and may have deleterious consequences down the road.
Stock markets previously priced in cheaper, outsourced labor for many industries. The market, if not already pricing in the increased cost of domestic labor, may yet have more adjustment to come.
If we continue to send jobs overseas, we will end up with a “second world” economy, with a diminishing middle class.
February 21, 2009 at 9:42 AM #351620denverite
ParticipantThe only long-term cure will be when the government adopts policies that create and maintain middle-class (production) jobs. This means that,as a nation, we must produce goods and services that the US and the remainder of the world will need. The economy cannot fully recover until consumers (~70% of our GDP) have gainful, productive employment.
Short term stimulus’ and tax breaks will not move the economy ahead in the long run, and may have deleterious consequences down the road.
Stock markets previously priced in cheaper, outsourced labor for many industries. The market, if not already pricing in the increased cost of domestic labor, may yet have more adjustment to come.
If we continue to send jobs overseas, we will end up with a “second world” economy, with a diminishing middle class.
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