Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Mase
The answers to all your questions may be found here:

Economy in Crisis

I'm not going to waste my time trying to educate you further. One suggestion is go back to school and work on your MBA.

5 posted on 02/02/2006 12:43:59 PM PST by ex-Texan (Mathew 7:1 through 6)
[ Post Reply | Private Reply | To 4 | View Replies ]


To: ex-Texan
The answers to all your questions may be found here:

If that's the place you're relying on for your information, it's no wonder you're as misinformed as they are.

One suggestion is go back to school and work on your MBA.

I learned long before grad school that any discussion about liabilities is meaningless without understanding assets. You seem fixated on only one side of the equation, which has been pointed out to you numerous times as being the source for your unmitigated doom. Net worth is simply assets minus liabilities. When you do this you'll find that our household net worth is $51 trillion - an all time record.

Maybe you can explain, in your own words, why a trade deficit is bad and why a capital account surplus is bad. Japan and Germany run massive trade surpluses. Would you rather have Japans long recent history of deflation/recession or Germany's low GDP and 12% unemployment?

6 posted on 02/02/2006 1:09:41 PM PST by Mase
[ Post Reply | Private Reply | To 5 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson