Home » Forums » Current Events

Why there will be no recovery....excellent read

Submitted by GiveMeLiberty on Sat, 10/03/2009 - 20:52
in
0 votes

http://seekingalpha.com/article/163855-why-there-will-be-no-...

»

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Fall of Rome scenario?

Submitted by john2k on Sun, 10/04/2009 - 04:13.

Fall of Rome scenario? Yikes!!

—

...

.

Submitted by quiltingsando on Sun, 10/04/2009 - 01:53.

.

—

Prepare & Share the Message of Freedom through Positive-Peaceful-Activism.

sad bump

Submitted by reedr3v on Sat, 10/03/2009 - 23:53.

.

Support individual sovereignty of entreprenuers.

Submitted by RawfoodLiberty on Sat, 10/03/2009 - 22:24.

from the article:
So how did we get to this point? A bit of history tells us. Keynes had a plan for what became the Bretton Woods system of institutions and trading rules after WW II. Both the IMF and the WTO were founded based upon Keynes’ advice, but not all of Keynes’ recommendations were adopted. One omission was crucial. The institutions and rules Keynes sought would have disallowed serious trade imbalances. There would have been very different requirements for trade surplus and trade deficit countries, not the one size fits all policies now applied by the IMF and WTO. Specifically, Keynes proposed institutions and trading rules that would have required trade surplus countries to take down their trade barriers, while it would let trade deficit countries use export subsidies and tariff barriers for a while to bring trade into balance.

—

And never forget, “Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”

Depressing but true. I hope

Submitted by greatscott on Sat, 10/03/2009 - 21:36.

Depressing but true. I hope I can survive building and selling mini solar panels.

"The price of Freedom is Eternal Vigilance"- Thomas Jefferson

—

There is no Left or Right -- there is only freedom or tyranny. Everything else is an illusion, an obfuscation to keep you confused and silent as the world burns around you." - Philip Brennan

"Invest only in things that you can stand in front of and pr

i have a feeling when

Submitted by rocketman on Sun, 10/04/2009 - 09:45.

wealth can no longer be printed, those of us in the trades will be all right.

—

"The two weakest arguments for any issue on the House floor are moral and constitutional"
Ron Paul

I have been thinking of doing the same

Submitted by GiveMeLiberty on Sun, 10/04/2009 - 09:32.

Maybe we should talk?