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09-16-2008, 07:19 PM
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#1 | |
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Read? I only know how to write.
Join Date: Jan 2001
Posts: 11,933
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Quote:
Did we really lose that money or are we learning what our actual net worth is? Are we finally learning that the average joe must will pay for a bubble that so massively enriched the rich and made "Mission Accomplished" appear so cheap? After artificially inflating the economy with debt, are we now just beginning to pay those debts? Is this a meltdown, or did the bills just come due? |
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09-16-2008, 12:09 PM
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#2 | |
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barely disguised asshole, keeper of all that is holy.
Join Date: Nov 2007
Posts: 23,401
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Quote:
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"like strapping a pillow on a bull in a china shop" Bullitt |
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09-16-2008, 08:30 AM
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#3 |
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erika
Join Date: Apr 2006
Location: "the high up north"
Posts: 6,127
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They're the government. They can prettymuch create money out of thin air. What do you think the deficit is?
Don't worry. They won't run out of money. The only problem is a while down the road... when China asks when we're paying them back.
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not really back, you didn't see me, i was never here shhhhhh |
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09-16-2008, 09:58 AM
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#4 |
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The future is unwritten
Join Date: Oct 2002
Posts: 71,105
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No problem, we'll just find some cheap Chinese print shop to run some off... mo money.
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The descent of man ~ Nixon, Friedman, Reagan, Trump. |
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09-16-2008, 09:28 PM
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#6 |
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barely disguised asshole, keeper of all that is holy.
Join Date: Nov 2007
Posts: 23,401
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Oh and lets look at the market over the last year, 5 years and 10 years whats its loss/gain thru those time frames?
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"like strapping a pillow on a bull in a china shop" Bullitt |
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09-16-2008, 10:34 PM
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#7 |
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“Hypocrisy: prejudice with a halo”
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
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Negros stop! Al Gore will fix everything!!!!!!!!!!!!!!!
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Anyone but the this most fuked up President in History in 2012! |
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09-16-2008, 10:52 PM
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#8 |
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When Do I Get Virtual Unreality?
Join Date: Dec 2002
Location: Raytown, Missouri
Posts: 12,719
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NYT is reporting that AIG is going to get up to $85 *billion*. They have a reported $1 *trillion* in assets, yet are teetering on the brink of failure.
Some son of a bitch(es) is/are laughing their asses off as they fly to their private islands right now.
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"To those of you who are wearing ties, I think my dad would appreciate it if you took them off." - Robert Moog |
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