Discussion of Housing Bubble, US Dollar, Debt, Trade Deficit, Oil, Gold, Consumer Spending, Central Banks, Inflation, Outsourcing and the Bleak Future of the US economy
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Monday, July 07, 2008
The Great Panic of 2008
100 Years Later: The more things don't change, the more they stay the same.
4 comments:
Anonymous
said...
yea... I caught this on July 1st. It's his best video imo. He speaks exactly how I feel bout this. Exasperated might be the right word...
Though I don't agree with all he says (I do feel many banks have severe problems), he definitely has an interesting/thought-provoking perspective on things.
4 comments:
yea... I caught this on July 1st. It's his best video imo. He speaks exactly how I feel bout this. Exasperated might be the right word...
Good video. Looks more & more like the rich will continue to get richer & the poor, poorer. The 'middle classes' will quickly become a serfdom.
Stick a meat thermometer in the U.S. economy 'cause it's done...
David
I'm not ready to buy into all this. I think there's a lot of hyperbole out there that makes us a ll a littlee more scared then we should be.
Though I don't agree with all he says (I do feel many banks have severe problems), he definitely has an interesting/thought-provoking perspective on things.
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