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Old 06-07-2009, 08:20 AM  
Bossman
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Join Date: Jun 2006
Location: EU
Posts: 1,263
Quote:
Originally Posted by Due View Post
That's what I guess too, I think a lot of people still have the same amount of money as they did years ago, just now they realized how few that is.
People in the private sector are the first to get hit - the next major layoffs will be in the public sectors, and that will seriously fuck with alot of people, who thought they were immune to the crises - but goverments canīt pay for welfare/public goods, when their tax revenue from the private sector is dropping like a rock.

Of course politicians will try and create inflation (creating money without any increase in production to cover it) to avoid this, so we might find ourself having to rise prices in a falling market

If only politicians knew how to balance a budget
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