Thread: This is a dire outlook

Interesting. I look at history though...and have studied the Money Masters....and how they manipulate the economy. With every down turn there MUST be an up turn... Without an up turn...there can be no down turn... When the economy goes up and down...esp down, they make money. Think of the foreclosures....some they dont make much on, others, they make a ton on. This is how they did it during the stock market crash and great depression. Now, we...

Quote: Originally Posted by Evanescence Interesting. I look at history though...and have studied the Money Masters....and how they manipulate the economy. With every down turn there MUST be an up turn... Without an up turn...there can be no down turn... When the economy goes up and down...esp down, they make money. Think of the foreclosures....some they dont make much on, others, they make a ton on. This is how they did it during the stock...

Quote: Originally Posted by cheewiee Your still blaming the banks for this mess? Do you really still believe this was all engineered? Do you really think Ken Lewis wanted to work the entire year for free? Do you really think all of these CEO's were willing to have the Federal Government Cut their salaries to 50K? The reason we are in this mess, is plain and simple... People bought stuff they couldn't afford. You and I went to the...

http://theburningplatform.com/economy/american-pie-1 Very very long, but a fascinating read. Not sure how much I believe it.

Quote: Originally Posted by Pouye I'll have to say I completely disagree with the cause and effect relationship here. Do you want to really know why we are in the mess we are in? Here is why: (Sorry, this is from another forum I posted in, so it is formatted funny...) Capitalism isn't the problem. It is true Capitalism that has made America the country that it has become -- the world leader in many areas, including invention....

Good post Rock....thanks for sharing. If the gov. kept it's nose out of more things...we would not be in this mess. Companies will always have corruption problems...but the economy would be doing better even so. When the rich do well...those of us on the lower end do better also.