To: txrefugee
“Our depression will start the day after Obamas re-election.”
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I don’t know what we are in now, but economic conditions are every bit as bad as they were during the “Great Depression”.
The only thing propping us up is the CRIMINAL improprieties (printing money) by the Federal Government.
This is fiscal irresponsibility and insanity at a surely breathtakingly disastrous level, that would have been unthinkable back in the 1930s.
24 posted on
05/07/2012 7:33:08 AM PDT by
EyeGuy
(Non-Holder person.)
To: EyeGuy
The only thing propping us up is the CRIMINAL improprieties (printing money) by the Federal GovernmentIf the federal government was only printing money, things wouldn't be the same. Right now, the federal reserve (not the government) prints the money and the federal government borrows that money from the fed.
As things are right now, we get all the same inflation of printing our own money, but this way, we get the bonus of accumulating debt.
31 posted on
05/07/2012 8:18:47 AM PDT by
Sgt_Schultze
(A half-truth is a complete lie)
To: EyeGuy
And, France's Great Depression started with Hollande's victory. I view the Hollande win as a rebuke of Sarkozy, the French are sick and tired of there economic predicament and would have voted for anybody but Sarkozy. Little do they know that Hollande’s economic policies will be disastrous. Hollande will not be reelected and the French will become more Nationalistic, foreigners beware!
36 posted on
05/07/2012 9:03:34 AM PDT by
2001convSVT
(Going Galt as fast as I can.)
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