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The deep deep abyss deepens

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    The deep deep abyss deepens

    Full blown US recession beckons

    I'm alright Jack

    #2
    Its Ok - Gordon Brown said that his fiscal policy will insulate the UK from a worldwide recession.

    HTH
    "Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "


    Thomas Jefferson

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      #3
      The Fed will cut rates just like it did in the past and will flood the market with cheap money. They think it will help avert recession and totally ignore dollar exchange rate and inflation

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        #4
        I like the user posted replies better:

        The global elite have a plan, a one world monetary system. First the EU, now the North American Union (U.S.,Canada,Mexico)etc. They control the media. The media hyped up real estate prices in the U.S. and now a short time later it's doom and gloom. Don't put your faith in man but in God.
        Posted by J. Warren on December 12, 2007 4:49 PM
        I think there's something in that for all of us.
        Hang on - there is actually a place called Cheddar?? - cailin maith

        Any forum is a collection of assorted weirdos, cranks and pervs - Board Game Geek

        That will be a simply fab time to catch up for a beer. - Tay

        Have you ever seen somebody lick the chutney spoon in an Indian Restaurant and put it back ? - Cyberghoul

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          #5
          ooh
          I'm alright Jack

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            #6
            Originally posted by BlasterBates View Post
            Only a matter of time then.... so who has the trillions to bail the West out?....China
            How fortunate for governments that the people they administer don't think

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              #7
              The perfect storm continues to develop...

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