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-   -   How much wll the stock market drop? (http://www.greenguysboard.com/board/showthread.php?t=45059)

JustRobert 2008-01-24 10:47 AM

Quote:

Originally Posted by Ramster (Post 385440)
Interest rate cuts in 2000-2001 is what put the economy where it is today with the sub prime mortgage crisis and the fate of the low US dollar around the world.

I totally agree with this. I believe a lot of people have forgotten this. It was a bandaid to curtail a recession for war. Our leaders, in so many words, told the people to go out borrow and spend to keep the country alive which created a much Larger problem.

As docholly stated, most will forget and blame the current leader. I saw last night that some are already blaming democrats for this on the basis that they may win the upcoming election. |loony|

Jim 2008-01-24 11:02 AM

Quote:

Originally Posted by JustRobert (Post 385668)
I saw last night that some are already blaming democrats for this on the basis that they may win the upcoming election. |loony|

I saw that as well. Mostly people from Fox.


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