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September 16, 2008 at 7:21 PM in reply to: So How Would You Define Our Economic Ideology Now? #271331September 16, 2008 at 7:21 PM in reply to: So How Would You Define Our Economic Ideology Now? #271343
peterb
ParticipantWe never were truely capitalist. Protectionism, subsidies, special contracts….the list goes on and on. It’s just more obvious today because a lot has been done in the last couple of weeks to rescue the world from too fast a melt-down.
Does anyone ever wonder why whatever “system” name is used, there’s always the end result of an elite group that highly resembles an aristocracy? USSR had it, Europes’ got it, we’ve got it, Chinese have it. Central and South America…doesnt really matter the name, it’s the end result.
September 16, 2008 at 7:21 PM in reply to: So How Would You Define Our Economic Ideology Now? #271382ParticipantWe never were truely capitalist. Protectionism, subsidies, special contracts….the list goes on and on. It’s just more obvious today because a lot has been done in the last couple of weeks to rescue the world from too fast a melt-down.
Does anyone ever wonder why whatever “system” name is used, there’s always the end result of an elite group that highly resembles an aristocracy? USSR had it, Europes’ got it, we’ve got it, Chinese have it. Central and South America…doesnt really matter the name, it’s the end result.
September 16, 2008 at 7:21 PM in reply to: So How Would You Define Our Economic Ideology Now? #271408ParticipantWe never were truely capitalist. Protectionism, subsidies, special contracts….the list goes on and on. It’s just more obvious today because a lot has been done in the last couple of weeks to rescue the world from too fast a melt-down.
Does anyone ever wonder why whatever “system” name is used, there’s always the end result of an elite group that highly resembles an aristocracy? USSR had it, Europes’ got it, we’ve got it, Chinese have it. Central and South America…doesnt really matter the name, it’s the end result.
ParticipantOh hell, let’s just be a socialsit country and stop this nonsense. Oops, looks like we are already.
Does this remind anyone of when the British had to “step in” and buy a lot of their industries? Looks real familiar to me.ParticipantOh hell, let’s just be a socialsit country and stop this nonsense. Oops, looks like we are already.
Does this remind anyone of when the British had to “step in” and buy a lot of their industries? Looks real familiar to me.ParticipantOh hell, let’s just be a socialsit country and stop this nonsense. Oops, looks like we are already.
Does this remind anyone of when the British had to “step in” and buy a lot of their industries? Looks real familiar to me.ParticipantOh hell, let’s just be a socialsit country and stop this nonsense. Oops, looks like we are already.
Does this remind anyone of when the British had to “step in” and buy a lot of their industries? Looks real familiar to me.ParticipantOh hell, let’s just be a socialsit country and stop this nonsense. Oops, looks like we are already.
Does this remind anyone of when the British had to “step in” and buy a lot of their industries? Looks real familiar to me.ParticipantI hope it closes fast for you!
ParticipantI hope it closes fast for you!
ParticipantI hope it closes fast for you!
ParticipantI hope it closes fast for you!
ParticipantI hope it closes fast for you!
September 16, 2008 at 3:51 PM in reply to: How’s everyone feeling these days about the economy? #270999ParticipantWe’ve just been through the biggest credit bubble in human history with basically all asset classes going through the roof for the last 4 years or so. Economic history tells us that this will be a horrific unwinding. Some pretty sharp analysts are saying that most assets will stabilize at 50% from their peaks. That makes the median priced RE in CA about $200 and the DOW at 7500. But the real beotch is gonna be getting there. I think that next couple of months unemployment numbers are going to hammer the markets as this will indicate a systemic melt-down beyond RE and the financial markets. Retail will get slaughtered. Just my 2 cents.
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