Quote:
Originally Posted by Django
a bit of pain..
|
Many countries are borrowing or printing money because they can't risk telling them the truth. Their economy will slump without the infusion of money.
When the infusion slows down the results are always the same. A massive loss of jobs, higher costs and more debt. Reading most of the posts here you see denial or short term greed.
I think it was Robbie who put it best. If his family are stacking up debts he cuts the spending. Now that is what some are saying is the right way forward. So let's look at iit as a family.
Move to a smaller house.
Drive a smaller more fuel efficient car or don't buy a new one.
Cheaper appliances or get more out of them, don't buy any.
Sack the gardener.
Quit membership of the golf, gym or any club.
Pull the kids out of Private school.
Turn the heating down.
Miss out on holidays.
Don't eat out.
Buy cheaper and less food.
Make do with last years clothing.
Work a lot harder.
Get a second job if you can.
Basically you spend less and become less of a customer in your area. Think this through now to a national level or even your entire community and the devastation it causes.
No President or Government can fix the problems in 4-5 years. To attempt it will bring about the Second Great Depression. Because our world is wrapped up in consumerism of cheap items, economies growth, all supported by debt.
Anyone who dreams Romney or Obama can fix this in 4 years or thinks it will be an easy painless fix. Shouldn't be allowed to vote.