The US economy follows housing and auto sales. So why are we not prepared for a new depression?????
Every economist knows some basic rules of the "New World Economy". And that is if the US economy, which has been until the last 3-5 years the benchmark of the world, goes into any long term slump, then the rest of the world will follow. Since we subsidize over half of the worlds small countries economies, and we need US citizens tax money to spend on the subsidizing, then we wont be able to give out money we are not taking in.
Let me make this simple.
BAD US ECONOMY MEANS CUT IN REVENUES.
CUT IN REVENUES MEAN NO TAX MONEY TO GIVE TO OTHER COUNTRIES.
NO TAX MONEY TO OTHER COUNTRIES MEANS MASSIVE ECONOMIC COLLAPSE IN SMALL SUBSIDIZED COUNTRIES.
Seeing as how US home sales is going down the shitter and auto sales in the US are down almost 32% nationwide......
WHY ARE WE DOING NOTHING TO STOP THIS DEPRESSION FROM HAPPENING???
just something to think about citizens
or we can just bury our heads in the sand and ignore it.
CHefdino
Every economist knows some basic rules of the "New World Economy". And that is if the US economy, which has been until the last 3-5 years the benchmark of the world, goes into any long term slump, then the rest of the world will follow. Since we subsidize over half of the worlds small countries economies, and we need US citizens tax money to spend on the subsidizing, then we wont be able to give out money we are not taking in.
Let me make this simple.
BAD US ECONOMY MEANS CUT IN REVENUES.
CUT IN REVENUES MEAN NO TAX MONEY TO GIVE TO OTHER COUNTRIES.
NO TAX MONEY TO OTHER COUNTRIES MEANS MASSIVE ECONOMIC COLLAPSE IN SMALL SUBSIDIZED COUNTRIES.
Seeing as how US home sales is going down the shitter and auto sales in the US are down almost 32% nationwide......
WHY ARE WE DOING NOTHING TO STOP THIS DEPRESSION FROM HAPPENING???
just something to think about citizens
or we can just bury our heads in the sand and ignore it.
CHefdino
posted by dino at 9:20 AM
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