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U.K. Economy Set to Avoid Imminent Recession
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Originally posted by sasguru View PostAnother ex-squaddie thicko content-free post. See the pattern?Comment
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Originally posted by BrilloPad View PostSorry I don't. Could Scooter graph it for me?Old Greg - In search of acceptance since Mar 2007. Hoping each leap will be his last.Comment
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Originally posted by Zigenare View PostAnd the difference between US Debt and let's say Greek or Italian debt is what, exactly?
The US can devalue its currency to reduce its debt burden, Italy, Greece and the other PIIGS can't. That is why the Euro is a crap idea.
In the 1930's no wealth was created through printing. In the end, having something to offer such as labour, assets, those were the wealth creators. The longer you put off capitalism from doing its thing the worse it'll become. The meaning being, the longer it'll take to recover.Last edited by scooterscot; 11 October 2019, 21:10."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostHave you seen how well Greece, Portugal, Iceland are doing lately? And all without printing a note. You seen when capitalism is obeyed, you get rekt and start fresh after hitting the bottom.
In the 1930's no wealth was created through printing. In the end, having something to offer such as labour, assets, those were the wealth creators. The long you put off capitalism from doing its thing the worse it'll become. The meaning being, the longer it'll take to recover.
we NEED CHARTS.
FFSComment
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