View Single Post
Old 03-23-2010, 12:33 PM  
The Demon
Confirmed User
 
The Demon's Avatar
 
Industry Role:
Join Date: Apr 2003
Posts: 7,336
Quote:
Originally Posted by joshgirls View Post
I see no end in sight to economic problems. there are still shoes left to drop in option ARM mortgages, commercial real estate, the stock market itself, & the biggest fish of all, the federal government.
There is no end in sight. We'll either default on our debt or treasury securities will be coming back to us. Either way we're fucked until we start using something other than Keynesian economics. I'm not sure why the Austrian School/supply side economics isn't used in America. Shows you the educational level of American economists.
__________________
Greed is Good
The Demon is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote