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Resolving turmoil
Started by
colion
, Sep 20 2008 10:20 PM
1 reply to this topic
#2
Sentient Being
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Posted 21 September 2008 - 12:48 AM
I just read an article that quoted an analyst Michael Pento
"In the long run this is an extremely poorly crafted plan and itwill be much worse than it was. You're just kicking the can down theroad and we have to deal with the a much worse problem further down theroad. This is what lies in store for this country: higher inflation,slower growth, higher taxes, just because you didn't allow the freemarket to work.
"We are just rolling asset bubbles. There's no magic here.",
I wonder. I guess in time we shall see. Michael seems to think the free market has the best solution and the government is just wasting money?
"In the long run this is an extremely poorly crafted plan and itwill be much worse than it was. You're just kicking the can down theroad and we have to deal with the a much worse problem further down theroad. This is what lies in store for this country: higher inflation,slower growth, higher taxes, just because you didn't allow the freemarket to work.
"We are just rolling asset bubbles. There's no magic here.",
I wonder. I guess in time we shall see. Michael seems to think the free market has the best solution and the government is just wasting money?
In the end we retain from our studies only that which we practically apply.
~ Johann Wolfgang Von Goethe ~
~ Johann Wolfgang Von Goethe ~
