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    Those Who Predicted the Economic Crisis now Giving New Warnings

    Carol
    Carol
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    Posts : 32883
    Join date : 2010-04-07
    Location : Hawaii

    Those Who Predicted the Economic Crisis now Giving New Warnings Empty Those Who Predicted the Economic Crisis now Giving New Warnings

    Post  Carol Wed Jan 16, 2013 8:29 am

    <iframe width="640" height="360" src="https://www.youtube.com/embed/Ueo4swM2Opk?feature=player_detailpage" frameborder="0" allowfullscreen></iframe>
    https://www.youtube.com/watch?feature=player_embedded&v=Ueo4swM2Opk
    Those Who Predicted the Economic Crisis now Giving New Warnings


    _________________
    What is life?
    It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.

    With deepest respect ~ Aloha & Mahalo, Carol
    Carol
    Carol
    Admin
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    Posts : 32883
    Join date : 2010-04-07
    Location : Hawaii

    Those Who Predicted the Economic Crisis now Giving New Warnings Empty Re: Those Who Predicted the Economic Crisis now Giving New Warnings

    Post  Carol Wed Jan 16, 2013 8:31 am

    With the US raising their debt ceiling, are we in a global bail-out bubble that will eventually burst? This doc offers a fresh insight into the greatest economic crisis of our age: the one still awaiting us.

    The financial storm that has rocked the world began brewing in the US when congress pushed the idea of home ownership for all, propping up those who couldn't make the down payments. When it all went wrong the government promised the biggest financial stimulus packages in history and gargantuan bailouts. But what crazed logic is that: propping up debt with more debt? "They're giving alcohol to a drunk: it just sets him up for a bigger hangover."


    _________________
    What is life?
    It is the flash of a firefly in the night, the breath of a buffalo in the wintertime. It is the little shadow which runs across the grass and loses itself in the sunset.

    With deepest respect ~ Aloha & Mahalo, Carol

      Current date/time is Fri Nov 15, 2024 1:24 pm