Obama is right whe need to invest in the future, thats what makes wheels turn..Invest in long termed goals...Become pourer in physical wealth and richer in soul...The Leaders just have to change to good examples, and that is the real hard part...!
In reality Bank and invesment where more than happy about this!
This mean house prices rising, wich means more income for investers
i intrest..if you bye expensive house more intrest...And most others where happy to, cause it gave a short termed lift...Wich was needed...That is not the real problem..
The real problem is making money on money, taking profi as balls to show of to women, Than blaming pour people shiat doesn work out
I don't know much more than the average smuck about about economics. By mid 2007 I must have shared my view 100 times with my wife, friends, relatives, etc. that I thought the housing market was creating a mega-gianormous bubble that would burst spectaculary in a year or two. It was a no-brainer because people everywhere with no money, no jobs, bad credit and no assets were way too big houses financed way too easily. No one disagreed. One would have to be a complete dolt NOT to predict it.
Right on man. It is called ignorance and competition to one up your neighbors. All brought about by media big bankers greed and corporatisim. Infrastructure rebuilding, which I guess is what obama is talking about, could really get many jobs going, but we are not out of the woods yet. The lies still flow everyday. I don't know if you watch Peter Schiff, but he has some interesting things to say. Worth a watch. Peace
I don't want to upset Mr. Roubini (because he's apparently completely unaware) that the U.S. economy is actually crumbling and that the government statistics are not real, but happy talk to enourage the increasingly dispossessed masses. Perhaps someone with some solid economic background could break the news to him so that his commentary doesn't sound so unf**kingbeleivably naive and disconcontected with reality. When I was listening, I could not help but think he landed on earth yesterday.
And it is not an only American problem..
ppedalen 1 year ago
Obama is right whe need to invest in the future, thats what makes wheels turn..Invest in long termed goals...Become pourer in physical wealth and richer in soul...The Leaders just have to change to good examples, and that is the real hard part...!
ppedalen 1 year ago
In reality Bank and invesment where more than happy about this!
This mean house prices rising, wich means more income for investers
i intrest..if you bye expensive house more intrest...And most others where happy to, cause it gave a short termed lift...Wich was needed...That is not the real problem..
The real problem is making money on money, taking profi as balls to show of to women, Than blaming pour people shiat doesn work out
ppedalen 1 year ago
I don't know much more than the average smuck about about economics. By mid 2007 I must have shared my view 100 times with my wife, friends, relatives, etc. that I thought the housing market was creating a mega-gianormous bubble that would burst spectaculary in a year or two. It was a no-brainer because people everywhere with no money, no jobs, bad credit and no assets were way too big houses financed way too easily. No one disagreed. One would have to be a complete dolt NOT to predict it.
girardcp 2 years ago
Right on man. It is called ignorance and competition to one up your neighbors. All brought about by media big bankers greed and corporatisim. Infrastructure rebuilding, which I guess is what obama is talking about, could really get many jobs going, but we are not out of the woods yet. The lies still flow everyday. I don't know if you watch Peter Schiff, but he has some interesting things to say. Worth a watch. Peace
kingcubfan 2 years ago
Roubini was one of the first professional economists to see the threat in the housing crisis. He has a lot of respect, coming from that.
BugsMr123 2 years ago
I don't want to upset Mr. Roubini (because he's apparently completely unaware) that the U.S. economy is actually crumbling and that the government statistics are not real, but happy talk to enourage the increasingly dispossessed masses. Perhaps someone with some solid economic background could break the news to him so that his commentary doesn't sound so unf**kingbeleivably naive and disconcontected with reality. When I was listening, I could not help but think he landed on earth yesterday.
girardcp 2 years ago