What a surprise markets can go down actually. Unbeliveable!
By Daniel at 19 November, 2009, 12:23 pm
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There’s a country with growing population, unemployment, debt. Shrinking credit, spending, employed and wealth.
No one is building, manufacturing. Millions of homes are foreclosed, banks are failing, money is losing it’s value, States are out of budget, and the President is in China to ask for help.
In a high school economy book this would have been described UNSUSTAINABLE and the perfect WAY TO CRASH. Now it’s called recovery, but does anyone think renaming it changes the facts?
People HAVE TO WORK/PRODUCE, to create wealth, products, food, tools, infrastructure etc. All the rest (services, government employees, social security) are for to help the ‘producers’ by making their life easier, faster, safer, educate and support the producers of the future. Financials, federal employees, services, etc WILL NOT CREATE wealth, products, houses, food and tools just help them to be created. UNTIL THE RELATIVE NUMBER OF PRODUCERS TO POPULATION won’t start INCREASING, there’s NO GROWTH!
- Roka
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