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afx114
ParticipantIt’s totally all the gays’ fault.
ParticipantIt’s totally all the gays’ fault.
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March 2, 2009 at 7:51 PM in reply to: Dr. Doom Roubini is scared – economy worse than predicted #358864Participant[quote=gandalf]Also, I think technological innovations related to energy supplies could really boost our economic outlook. An efficient electric car produced here in the US, for example. Powering SoCal’s energy grid with ‘farms’ of solar panels. Could turn things around…[/quote]
Agreed. This is the only way that I see that the USA getting out of this. Add stem cell research to the list. Imagine leading the world in these three areas, and exporting it all to the rest of the world. Magic bullet? Unfortunately, everyone else has a 5-15 year head start on us with respect to auto, energy, and stem cells.
March 2, 2009 at 7:51 PM in reply to: Dr. Doom Roubini is scared – economy worse than predicted #359166Participant[quote=gandalf]Also, I think technological innovations related to energy supplies could really boost our economic outlook. An efficient electric car produced here in the US, for example. Powering SoCal’s energy grid with ‘farms’ of solar panels. Could turn things around…[/quote]
Agreed. This is the only way that I see that the USA getting out of this. Add stem cell research to the list. Imagine leading the world in these three areas, and exporting it all to the rest of the world. Magic bullet? Unfortunately, everyone else has a 5-15 year head start on us with respect to auto, energy, and stem cells.
March 2, 2009 at 7:51 PM in reply to: Dr. Doom Roubini is scared – economy worse than predicted #359308Participant[quote=gandalf]Also, I think technological innovations related to energy supplies could really boost our economic outlook. An efficient electric car produced here in the US, for example. Powering SoCal’s energy grid with ‘farms’ of solar panels. Could turn things around…[/quote]
Agreed. This is the only way that I see that the USA getting out of this. Add stem cell research to the list. Imagine leading the world in these three areas, and exporting it all to the rest of the world. Magic bullet? Unfortunately, everyone else has a 5-15 year head start on us with respect to auto, energy, and stem cells.
March 2, 2009 at 7:51 PM in reply to: Dr. Doom Roubini is scared – economy worse than predicted #359344Participant[quote=gandalf]Also, I think technological innovations related to energy supplies could really boost our economic outlook. An efficient electric car produced here in the US, for example. Powering SoCal’s energy grid with ‘farms’ of solar panels. Could turn things around…[/quote]
Agreed. This is the only way that I see that the USA getting out of this. Add stem cell research to the list. Imagine leading the world in these three areas, and exporting it all to the rest of the world. Magic bullet? Unfortunately, everyone else has a 5-15 year head start on us with respect to auto, energy, and stem cells.
March 2, 2009 at 7:51 PM in reply to: Dr. Doom Roubini is scared – economy worse than predicted #359447Participant[quote=gandalf]Also, I think technological innovations related to energy supplies could really boost our economic outlook. An efficient electric car produced here in the US, for example. Powering SoCal’s energy grid with ‘farms’ of solar panels. Could turn things around…[/quote]
Agreed. This is the only way that I see that the USA getting out of this. Add stem cell research to the list. Imagine leading the world in these three areas, and exporting it all to the rest of the world. Magic bullet? Unfortunately, everyone else has a 5-15 year head start on us with respect to auto, energy, and stem cells.
ParticipantAIG insures everything. They insure oil rigs in the gulf against damage from storms. They insure airlines against losses caused by crashes. They insure Joe Sixpack against him crashing his car. They insure Jane Sixpack against her house burning down. Unfortunately, they also insured against all of the credit default swaps. That will be the death of them just as it has been the death of this economy. Unfortunately, it’s also going to take down the oil companies, airlines, and Joe & Jane Sixpacks with them.
Any business or individual that relies on insurance to operate will go down if AIG goes down. I’m not a fan of all of these cash injections, but what other options are there?
ParticipantAIG insures everything. They insure oil rigs in the gulf against damage from storms. They insure airlines against losses caused by crashes. They insure Joe Sixpack against him crashing his car. They insure Jane Sixpack against her house burning down. Unfortunately, they also insured against all of the credit default swaps. That will be the death of them just as it has been the death of this economy. Unfortunately, it’s also going to take down the oil companies, airlines, and Joe & Jane Sixpacks with them.
Any business or individual that relies on insurance to operate will go down if AIG goes down. I’m not a fan of all of these cash injections, but what other options are there?
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