Economic News
The Economy - Opposing Views
13/02/08 15:08
Recently
I've had discussions with business people from many industries,
sizes and configurations on the topic of the state of the economy.
The reaction has been from total gloom and doom to cheerful and
optimistic.
From the gloom and doom crowd comes news of dire financial consequences of government expansion, and the spending and credit spree that has been going on over the past 8-10 years. This is not a political statement on my part. Rather, this is commentary on the nature and results of economic policies that emerged from global expansion, trade policies, credit policies and a host of other economic circumstances.
From the gloom and doom crowd comes news of dire financial consequences of government expansion, and the spending and credit spree that has been going on over the past 8-10 years. This is not a political statement on my part. Rather, this is commentary on the nature and results of economic policies that emerged from global expansion, trade policies, credit policies and a host of other economic circumstances.
The Worst Market in 60 Years by George Soros
12/02/08 09:25
The
current financial crisis was precipitated by a bubble in the US
housing market. In some ways it resembles other crises that have
occurred since the end of the second world war at intervals ranging
from four to 10 years. Submitted by Jay Walsh (thanks Jay)
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