Article

2009-01-10 Home Front Economy

The known unknowns of the economic crisis

Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.

Posted by tipper 2009-01-10 07:39|| || Front Page|| [5 views ] Top

#1 So I take it we know that we don't know we know this? Or do we know we don't know this?

Posted by tu3031 2009-01-10 11:30|| 2009-01-10 11:30|| Front Page Top

#2 Which great power will recover more quickly? Neither. China's toast. It's economy is based on exports and industrial growth. Exports will drop and they already have too many factories. Environmental destruction is costing output, productivity and lives. A political clampdown will be necessary and that will further depress the economy. The U.S. has decided to pursue a Keynesian neo-socialist policies. The country will stagnate until it reverses course.
Which weak state will implode? Pakistan. Zimbabwe. Who cares? Bigger problem is what happens to the EU as Greece and Spain crumble.
Which petrostate will get desperate? Venezuela. Chavez already sees the handwriting on the wall and is pushing for a lifetime Presidency. He won't be able to get it legally. What will the military do?

Posted by DoDo 2009-01-10 12:42|| 2009-01-10 12:42|| Front Page Top

#3 As long as I'm an American, I'll feel rich.

Posted by Grolush Darling of the Hatfields3195 2009-01-10 15:47|| 2009-01-10 15:47|| Front Page Top

23:47 Glomotch Thavise2856
23:34 Muslims Against Sharia
23:07 mojo
21:49 AzCat
21:41 Glolusing Barnsmell3409
21:40 Eric Jablow
21:32 Nimble Spemble
21:30 GORT
21:18 Glolusing Barnsmell3409
21:09 Mike N.
21:07 Rednek Jim
21:00 Old Patriot
20:54 Mullah Richard
20:47 pacific_waters
20:43 Cornsilk Blondie
20:26 CrazyFool
20:24 Rambler in Virginia
20:22 Rambler in Virginia
19:57 mhw
19:54 Cornsilk Blondie
19:45 Pappy
19:43 Barbara Skolaut
19:41 Deacon Blues
19:39 Barbara Skolaut