Comments on: Time magazine – No Depression?

By: Catalog Printing | PrintPlace

Catalog Printing | PrintPlace — Wed, 08 Oct 2008 19:21:33 +0000

Maybe I’m confused, but I don’t think the Chinese will be buying our bad debt, considering 1/5 of China’s currency reserves was in Fannie and Freddie’s bonds. The Time article linked to in this post says “China and America have come so close to merging financially that we can almost speak of ‘Chimerica.’” That’s scary. I guess printing more money is the best we can do for now.

By: Jerry

Jerry — Sat, 04 Oct 2008 23:06:52 +0000

Jim….. You’re joking, right?!?
McCain means change?
McCain supported Bush more than 90% of the time.
I don’t know many marriages with that level of agreement.
And we should judge the two candidates based on experience? How about the experience factor in the most significant decision either man has made since their nomination – that of a choice for vice president. Are you really comfortable with Sarah Palin standing a heartbeat away from succeeding the oldest first time presidential nominee ever ….. with a history of health problems?
But then you WERE joking, right?

By: jim gordon

jim gordon — Sat, 04 Oct 2008 16:38:16 +0000

The only way out of this financial nightmare is through a major change from the current U.S. administration.

And the only presidential candidate who can make that happen is someone who has enough national-government experience to know how the economy works, and enough experience with the world to understand international relations.

That someone is John McCain, who (despite those efforts to call him “McSame”) is no pal of the Bush Administration – look at how many times McCain has voted AGAINST measures that his fellow Republicans have supported. There’s no love loss between McCain and the GOP.

The alternative, the very green Barack Obama, would be a financial and foreign-relations disaster for the U.S. and for the world. He’s a smooth talker, but he doesn’t know what he’s doing.

Barack is simply a risky choice. Let’s hope the Americans think hard before stamping the ticket for him.

By: russ in PA

russ in PA — Fri, 03 Oct 2008 20:05:15 +0000

I was going to post something witty, until I see that the anti-spam word this time is “run.” That pretty much says it all.

By: Xira

Xira — Thu, 02 Oct 2008 20:43:14 +0000

I’ll reinvest my portfolio in US companies and securities AFTER the Chinese buy the debt for this fiasco, thanks.

By: Bank REO

Bank REO — Thu, 02 Oct 2008 18:44:58 +0000

In my opinion we are very much due a severe economic downturn. We always re-flate the economy by lowering interest rates and pumping money into the system which always leads to aggressive and risky investments because of the low interest rates and the need for more return on investment. This can keep going until our foreign investors decide not to fund our consumption and service based economy.