Comments on: Crisis? What Crisis? http://blogs.reuters.com/macroscope/2009/11/18/crisis-what-crisis/ Shining a light on the dismal science Wed, 16 Nov 2016 01:39:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Jeremy Gaunt http://blogs.reuters.com/macroscope/2009/11/18/crisis-what-crisis/comment-page-1/#comment-1419 Mon, 23 Nov 2009 18:19:25 +0000 http://blogs.reuters.com/macroscope/?p=2587#comment-1419 Dean, you surprised me by one Supertramp song omission. I was sure someone would call the subprime crisis the Crime of the Century.

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By: Anubis http://blogs.reuters.com/macroscope/2009/11/18/crisis-what-crisis/comment-page-1/#comment-1415 Mon, 23 Nov 2009 16:21:52 +0000 http://blogs.reuters.com/macroscope/?p=2587#comment-1415 Levinson Axlerod, I was merely stating facts. That is not pessimism. Certainly I am cynical. Cynicism is rooted in the truth. Until people face the truth consensus for constructive action and substantive change will be unachievable. Or are some facts just to negative to mention?

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By: Brian Bigelow http://blogs.reuters.com/macroscope/2009/11/18/crisis-what-crisis/comment-page-1/#comment-1409 Sun, 22 Nov 2009 00:06:45 +0000 http://blogs.reuters.com/macroscope/?p=2587#comment-1409 It’s not quite over yet but we are at the bottom I think. There’s now a small upturn in hirings which is one of the primary things that will drive recovery. You can’t recover very well when people keep losing jobs.

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By: Martha http://blogs.reuters.com/macroscope/2009/11/18/crisis-what-crisis/comment-page-1/#comment-1406 Sat, 21 Nov 2009 03:10:59 +0000 http://blogs.reuters.com/macroscope/?p=2587#comment-1406 I do feel helpless. Who really knows to whom to give political contributions. Watch Alex jones documentary about Bilderburg and the one world government. Watch “America From Freedom to Fashism”. Read “Grunch of the Giants” by Buckey Fuller. Educate yourself and be aware of others opinions. Read Obama’s “Dreams of my Father. Plan for the worst, work for the best, support your politicians that represent your values. Most of all get your own house in order. Prepare yourself for a much lower standard of living and hopefully not poverty. Right now one in seven Americans does not have enough food on the table. Think long term about what you need to do to help your children and yourselves.Martha – Love USA

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By: Dean http://blogs.reuters.com/macroscope/2009/11/18/crisis-what-crisis/comment-page-1/#comment-1402 Fri, 20 Nov 2009 17:07:25 +0000 http://blogs.reuters.com/macroscope/?p=2587#comment-1402 I believe we need to make time for “Breakfast in America” and really look at where we are going. It seems there are a lot of criticisms about spending but I don’t hear many other plans.The FED backed dollar was thrown a life jacket to keep it afloat, after it fell off the yaught. Good and bad; it had to be done because, we are all riding on that same boat.It’s time now to for “The Logical Song.” Industry in America isn’t the boom of steel, oil, cars, and technology; as we gave the process of that all away for financial gains that we ALL capitalized on. It would be true to say some far more than others (can you say bonuses – sorry but wtf). This is still an economic tsunami of continuing waves, each with individual impacts; working away on the substructure of the economy, dignity of Americans, and the respect of a moral modern society. Now don’t jump off this boat yet! Lending money to small businesses in my opinion, is just a leaking inner tube that may or may not save a few jobs/a lot of jobs or default on a lot of loans. Didn’t we just make that mistake in subprime housing loans?Infrastructure is really our only industrial market, unless you like to sell shoes or hand out burgers (service jobs). It’s time we “Give a Little Bit” of thought as to how become a long term, strong, green (as feasible), industrial nation (after the infastrucure market is exhausted). The “American Dream” was/is a comfortable life that was/is earned, not guaranteed.We need to say “Goodbye Stranger,” to old industrial ideals established in the 1900’s and reevaluate on how the world market can benefit what people need, not want. There is a lot of greed thriving on the domestic people of the world these days and people naturally need someone ELSE to blame. I really enjoyed the clichés and next time we should use The Stones… “You Can’t Always Get What You Want” or Chumbawamba… “I Get Knocked Down”

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By: Greg http://blogs.reuters.com/macroscope/2009/11/18/crisis-what-crisis/comment-page-1/#comment-1401 Fri, 20 Nov 2009 15:35:08 +0000 http://blogs.reuters.com/macroscope/?p=2587#comment-1401 We are all witnessing the distruction of our freedoms and incentives to get ahead in Obams world. He has never had a real job. He has only worked for social programs or a government job. This is why he does not understand what it takes to keep an economy improving with real legs. This crisis started with the Bush administration with the help of Clinton getting rid of Banking rules and then a democratic cingress that mandated everyone deservs to have a house, without regard to paying for it. The greed spiriled with out the proper rules and now the people of this great country need to make the biggest decision of generations. We have to go back to paying as you go. We need immediate energy independece for this country. This counties companys produce the cleanest energy in the world yet the hurdles to produce energy in this country have put us in a position of impoting our energy from counties that don’t produce it as clean as we do. The jobs created by producing this energy will help also get us back to work. It’s time people go back to work producing in this great contry. The ripple effect from these jobs and cheaper energy will create more jobs and we continue to create new technologies to help every one. The government needs to get out of the way let us produce and not raise our taxes! Vote!

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By: f belz http://blogs.reuters.com/macroscope/2009/11/18/crisis-what-crisis/comment-page-1/#comment-1399 Fri, 20 Nov 2009 15:15:07 +0000 http://blogs.reuters.com/macroscope/?p=2587#comment-1399 Talk and flag waving works to a point. I see people buying, but they bought during the depression also. I surely don’t put much stock in what banks, economists, and government leaders say. Herbert Hoover kept saying that prosperity was just around the corner, but we never got to the corner. I see a total lack of planning again as how to remedy the situation. We have not seen the dry up of the Chinese market yet, but it will come.

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By: Martha USA http://blogs.reuters.com/macroscope/2009/11/18/crisis-what-crisis/comment-page-1/#comment-1398 Fri, 20 Nov 2009 15:13:35 +0000 http://blogs.reuters.com/macroscope/?p=2587#comment-1398 The album cover is so relevant today. The man in the chair represents the politicians in D.C. Look up inflationary depression which is just depression hidden by numbers produced when you keep printing mountains of cash. Clearly we all need to be thinking about simplifying our lives, reducing debt, and improving our cash flow. Also, improve your health, no matter what happens in D.C. and around the world, health care will be rationed. Do not listen to the government. They want you to spend the little bit of take home pay you still have. Brace yourselves the worst is behind the silver lining.

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By: Pete Murphy http://blogs.reuters.com/macroscope/2009/11/18/crisis-what-crisis/comment-page-1/#comment-1397 Fri, 20 Nov 2009 15:08:28 +0000 http://blogs.reuters.com/macroscope/?p=2587#comment-1397 Unemployment, both in the U.S. and the world as a whole, marches ever higher because the field of economics doesn’t account for the relationship between population density and per capita consumption.Following the beating the field of economics took over the seeming failure of Malthus’ theory, economists adamantly refuse to ever again consider the effects of population growth. A pity, for if they did, they might come to understand that once an optimum population density is breached, further over-crowding begins to erode per capita consumption and, consequently, per capita employment.

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By: J http://blogs.reuters.com/macroscope/2009/11/18/crisis-what-crisis/comment-page-1/#comment-1396 Fri, 20 Nov 2009 15:02:23 +0000 http://blogs.reuters.com/macroscope/?p=2587#comment-1396 Absolute rubbish laddy!The economy is doing great! 3.5% Growth in the last quarter alone. We should all be popping the corks on the champagne and partying into the wee hours of the morning!…only when we wake up the calendar on the wall will read… 1932.See people often view The Great Depression (what was so ‘great’ about it anyway, kind’ve like ‘civil’ war?) as a moment in time, a singular event. The cards actually played out over a decade when WW2 spending finally broke the economic malaise.Here we are again. But we are at the beginning of the cycle that will have roughly repeated itself by almost 100 years.If history is anything to go by, another world war is on tap when the economy finally derails. I just hope that people have the sense to keep it a conventional war, as bad as that would be.If, I am wrong abbout that, there will be at least another economic calamity to unfold. Hopefully this time we can uproot the thieves that created this mess and make an example out of them instead of giving them even more control of we poor sods that ultimately write their paychecks, pennies at a time.

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