http://247wallst.com/2010/08/13/what...ill-look-like/
I'm trying to get us on to other topics. Let's see if this works.
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http://247wallst.com/2010/08/13/what...ill-look-like/
I'm trying to get us on to other topics. Let's see if this works.
How depressing. Who was the cause of all this? You can't blame the Obama admin. They haven't been in power that long. Give them a chance.
Do you ever cheer up in Eager? Little wonder your forest is petrified.:whistling
Just try to keep the recession to yourselves this time, mkay?
That's true. We can't really blame Obama for this (although many Republicans are already trying to blame him for it), although he hasn't done anything to help the situation, either. Part of it can be blamed on Bush and the previous congress. There are really so many factors at work here that there is a lot of blame to go around to a great many people, not just in government but in businesses and in the private sector, including even the American consumer, who in essence, spent more than they could possibly afford to pay back.Quote:
Originally Posted by bigboab
If we do end up going into a double dip recession, I think we are seriously in real trouble over here. I think we may very well be at the beginning of another Depression.
Ha! So you've heard of the Petrified Forest? When I was a little kid I was scared of it-- just the name sounded scary-- until my parents took me to see it. It wasn't anything like what I had expected. Just a bunch of rocks, but once I looked closer I could clearly see the ancient tree rings in them. And then it was quite amazing to me.
I don't think we can do that.Quote:
Originally Posted by Halogen
It will probably spread to Europe and Asia as well.
Here is an idea from Donald Trump about taxing imports from China to help our economy...
http://money.cnn.com/video/news/2010..._sob.cnnmoney/
What do you think about this? Would this cause a trade war?
Quote:
Originally Posted by 999969999
I think it would start a trade war that The U.S. would lose, initially. The U.S. would have to restart their manufacturing base all over again which is something I agree a lot of countries should do. It will not happen because of the greed of big business in trying to get the biggest bucks with the smallest outlay.
Donald Trump? Why has he got a grudge against China? Is it because he can't railroad his own businesses into China, 'bulldozing' his way through planning laws as he did in Scotland in order to build a golf complex, against the wishes of a lot of the locals? Like Scotland needs another golf complex. He is only building it in memory of his mother who came from Scotland.
Yeah, it would take a number of years to get our manufacturing base back up and running at full capacity, and the transitional phase would be very difficult for most people because the price of every imported item would go through the roof at first. But in the long run, it would probably be good for us as a nation to build our own stuff and to export more than we import.Quote:
Originally Posted by bigboabQuote:
Originally Posted by 999969999
I think it would start a trade war that The U.S. would lose, initially. The U.S. would have to restart their manufacturing base all over again which is something I agree a lot of countries should do. It will not happen because of the greed of big business in trying to get the biggest bucks with the smallest outlay.
Donald Trump? Why has he got a grudge against China? Is it because he can't railroad his own businesses into China, 'bulldozing' his way through planning laws as he did in Scotland in order to build a golf complex, against the wishes of a lot of the locals? Like Scotland needs another golf complex. He is only building it in memory of his mother who came from Scotland.
I think that's why he is so angry at China. They won't let him bully his way into their country.
What's sad is that we don't have any politicians who as outraged about China, for more legitimate reasons. :(
Ha! I wouldn't think Scotland any more places to play golf! :)
I think it's bullshit 'doom and gloom' talk, for the sake of a headline.Quote:
Double Dip Recession coming our way? What do you think?
This double dip recession is going to affect the entire world whether you like it or not. If you haven't noticed, the entire world went into a recession around the same time because we all trade with each other.