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Category Archives: Economics
When will the giant ponzi scheme that is the US economy finally unravel?
John 360 asked: When will America’s (a) massive budget deficits financed by the sale of US treasuries to foreigners, (b) sky-high trade deficits and current account deficits, (c) unrestrained money-printing, (d) sinking dollar, (e) ceaseless expenditures on foreign wars, (f) … Continue reading
Is this how this trickle down economics works? Or is it really flood up?
vanman8u asked: Millionaires are so last millennium. The new Forbes 400 list of richest Americans is billionaires only. If you’re net worth is a mere $999 million, forget it. A billion means a thousand million, and that’s the Forbes 400 … Continue reading
Economists, do you think this is an accurate view of the crisis?
James W asked: Contrary to popular sentiment, we have not been in a recession until now. Since 2007, what people thought was a recession, has actually been a long, slow, government subsidized protracted crash. Instead of letting the markets crash … Continue reading
Posted in Economics
Tagged Accurate View, Attributes, Collapse, Consumer Outlets, Contrary, Crash, Dead Cat Bounce, Decline, Depressions, Gdp, Google, Recession, Recessions, Sentiment, Unemployment
2 Comments
econ answer the following?
hana~banana asked: t or f if false why? 1.net income is the amount of moneytou expect to recieve after paycheack deductions 2.tax returns should be kept for 3 years 3.if your ATM card is stolen, u are liable for no … Continue reading