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2008-12-21 Europe

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Posted by tipper 2008-12-21 13:31|| || Front Page|| [2 views ] Top

#1 "This is the worst financial crisis since the Great Depression'' of 1929, he said.

Of course talking like that really encourages one to go out and spend money you do have. /sarcasm off
When are these dolts and pols going to learn that MSM lives for crisis. They'll make one up if necessary to sustain their last gasp of air. It's time to gag it boys. Less talk, more real hard decisions and actions.

Posted by P2k on holiday 2008-12-21 14:43|| 2008-12-21 14:43|| Front Page Top

#2 That's too bad.

Posted by g(r)omgoru 2008-12-21 15:25|| 2008-12-21 15:25|| Front Page Top

#3 P2K, the magnitude of this "crisis" is due exactly to the fact that the girly-men in charge of the central banks and treasuries are pissing in their pants in front of everybody. You can't blame the press for reporting what will sell papers.

Some think the Depression was aggravated by the untimely death of Benjamin Strong, not only his judgment and decision making, but the confidence he inspired. Bernanky and especially Paulson are frightening the markets by their palpable insecurity and fear. The Messiah should give Paul Volker a lot of air time.

Posted by Nimble Spemble 2008-12-21 15:37|| 2008-12-21 15:37|| Front Page Top

#4 Well there was a depression in 1937...but at that time Spain was getting out of their Civil War...

Posted by Uleck Ghibelline9225 2008-12-21 19:48|| 2008-12-21 19:48|| Front Page Top

#5 Wait a minute, I thought ~~Robin Hood~~ the Socialists were in power in Spain. That is supposed to make you immune to economic slumps and make everyone equally ~~poor~~ wealthy.

Posted by crosspatch 2008-12-21 21:08|| 2008-12-21 21:08|| Front Page Top

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