U.S. Economy at a crossroads - Democratic Underground

Owlet

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Wed Nov-23-11 11:21 AM
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U.S. Economy at a crossroads

"We are at a crossroad because with the world sliding into recession/depression, with the U.S. economy living off of exports, with a high level of unliquidated malinvestment, with a dearth of productive capital, and with money supply set to decrease, we are headed for economic decline which will impact the U.S. economy by Q2-2012 at the latest. It is likely that we will see another round of quantitative easing (QE3) before then as the numbers start to weaken and as unemployment starts to rise."

dailycapitalist.com/2011/11/22/the-economy-is-in-jeopardy-part-i

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golfguru

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Thu Nov-24-11 10:23 PM
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1. Quantitative Easing makes me think

they are trying to revive a sick patient by injecting nutrients from the wrong end, using an enema instead of a a tube feed through the mouth. Yeah, the patient will feel good for a few minutes, but it ain't gonna do the job.

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abelenkpe

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Thu Nov-24-11 11:36 PM
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2. That was a visual I coulda lived without

:P

:hi:

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AnneD

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Tue Nov-29-11 05:00 PM
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3. LOL LOL LOL....

kinda like the MSM these days...like a cat watching the wrong mouse hole.

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