Global SAVINGS RATE indicates imminent LONG TERM DEPRESSION? - GoFuckYourself.com

$5 submissions · 10-02-2011, 06:39 PM

The more people save, the worse the economy gets. Also, as the pain deepens, the cheap political points to gain from protection might become impossible to resist... Protectionism yields to even more economic erosion.

Remember, the Great Depression of 1929 ushered in a long era of unemployment and the crash was a long term event starting with an initial big crash.

We might just be done with the first uptick and are due to a series of downturns, upturns, etc but all trending downward.

Source: http://www.telegraph.co.uk/finance/c...epression.html

$5 submissions · 10-03-2011, 01:03 AM

Should have listened to guys like this. He's hardly alone...

Sin_Vraal · 10-03-2011, 01:25 AM

the last 10 years before depression were like cross sales... good time , but you cant live large forever. you gotta put money back in the bank.

Paul · 10-03-2011, 10:35 AM

Deflation it is then.

porno jew · 10-03-2011, 10:43 AM

Has Ambrose Evans-Pritchard been right ever since the financial crisis? Nope.

10-02-2011, 06:39 PM	#1
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Global SAVINGS RATE indicates imminent LONG TERM DEPRESSION? The more people save, the worse the economy gets. Also, as the pain deepens, the cheap political points to gain from protection might become impossible to resist... Protectionism yields to even more economic erosion. Remember, the Great Depression of 1929 ushered in a long era of unemployment and the crash was a long term event starting with an initial big crash. We might just be done with the first uptick and are due to a series of downturns, upturns, etc but all trending downward. Source: http://www.telegraph.co.uk/finance/c...epression.html __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

10-03-2011, 01:03 AM	#2
$5 submissions I help you SUCCEED Industry Role: Join Date: Nov 2003 Location: The Pearl of the Orient Seas Posts: 32,195	Should have listened to guys like this. He's hardly alone... __________________ Need a NON-ADULT income stream? We build your YOUTUBE CHANNEL for only $20 per video! For Hire: $3/hour or $400 per month Marketing Specialist Virtual Assistants

10-03-2011, 01:25 AM	#3
Sin_Vraal Confirmed User Join Date: Mar 2002 Location: Seattle Posts: 465	the last 10 years before depression were like cross sales... good time , but you cant live large forever. you gotta put money back in the bank. __________________ "Youjizz: Henry, Thanks to you 1 in 150 people online at any given time are jerking off on my websites" Swift Communications -- UU net / Sprint / level 3 / savvis / Gblx Quad Core SaS HDD 1000mbits dedicated bandwidth $2500 AmySpears! Amy getting fucked in the ass and getting choked on a chain! -- Devil Bucks! skype: henry.goss ICQ: 5.6.4.8.0.9.8.6

10-03-2011, 10:35 AM	#4
Paul Confirmed User Industry Role: Join Date: Nov 2002 Posts: 2,637	Deflation it is then.

10-03-2011, 10:43 AM	#5
porno jew Too lazy to set a custom title Industry Role: Join Date: Nov 2006 Posts: 10,166	Has Ambrose Evans-Pritchard been right ever since the financial crisis? Nope.