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Moran sez: We are looking straight into the face of a Great Depression

 
cdevidal (OP)

User ID: 15496
United States
11/11/2011 03:20 PM
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Re: Moran sez: We are looking straight into the face of a Great Depression
They can kick the can down the streets for decades, just like Japan has. After all, it took the roman epire more than 100 years of rot and decline before it collapsed. My estimate is 15 years.
 Quoting: Anonymous Coward 1195264


They only have two tools: Austerity and money printing. Austerity is political suicide, and as for money printing, ask Weimar Germans how that turned out.
 Quoting: cdevidal


Yes, it doesn't work. There is bad times acoming and I really don't know what to do. I'm not working right now and I don't think that I could hold down a job very well with my mental state as it is, but my husband and I have a small business. We are in debt so bad and have nothing we can do but try each day to get more business and make ends meet. We are failing. But, the Grace of God is more than our silly efforts could be and yesterday, my husband was busy all day long with customers coming and going and I am very happy about that. We are in a small town and have been open for 3 years and for the past 2 years, business slowed down at this time of the year. This year, it has been maintaining it's pace and I owe it all to The Lord being so good to us.

There really is no safety in money. Men are going to get greedy and you can try to regulate them, but they will fight against any restraint for their world-wide gambling and get rich quick money making schemes called the Stock Market and Risk Banking. They will do it no matter how many times one person or group tries to stop them. There is only safety in Jesus Christ, and mind you it isn't physical safety, but spiritual. He takes care of our physical needs to, but you have to trust Him. This world will never trust Him and they will go after the money and this heartbreak will happen over and over until God ends it. There is no other way that it can or will be.
 Quoting: FierySky


clappa

Read about George Mueller, who would instruct us very well in this day. Apparently, hundreds (thousands?) of atheists were born again because they couldn't refute the facts of his life testimony. And this God still lives!
If you can prove you're a good person you can take $10,000. Theirs is a legitimate offer. TenThousandDollarOffer.com
Anonymous Coward
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11/11/2011 03:46 PM
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Re: Moran sez: We are looking straight into the face of a Great Depression
tehehe moran
Anonymous Coward
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11/11/2011 04:44 PM
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Re: Moran sez: We are looking straight into the face of a Great Depression
They can kick the can down the streets for decades, just like Japan has. After all, it took the roman epire more than 100 years of rot and decline before it collapsed. My estimate is 15 years.
 Quoting: Anonymous Coward 1195264


Nope... another 6 to 9 months. That's it.
cdevidal (OP)

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11/11/2011 05:05 PM
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Re: Moran sez: We are looking straight into the face of a Great Depression
tehehe moran
 Quoting: Anonymous Coward 4812019


tehehe n00bie
If you can prove you're a good person you can take $10,000. Theirs is a legitimate offer. TenThousandDollarOffer.com
Dr. know...

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11/11/2011 08:18 PM
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Re: Moran sez: We are looking straight into the face of a Great Depression
sand is running.
Dr. know...
Anonymous Coward
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11/11/2011 10:56 PM
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Re: Moran sez: We are looking straight into the face of a Great Depression
'We are looking straight into the face of a Great Depression' by Rick Moran

Who said it? Some blow dried, CNBC Cassandra? Perhaps a Fox Business jokester?

Nope. MIT Sloan School of Management professor Simon Johnson speaking at the opening of the CFA conference in Paris:

"We have built a dangerous financial system in the United States and Europe," said the former chief economist at the International Monetary Fund. "We must step back and reform the system."


Read more: [link to www.americanthinker.com]

(Isn't it great that his name is Moran??) banana
 Quoting: cdevidal


I'd bet a dollar he participated fully with avaricious forethought and gleefully enriched himself along with all his brethren at the IMF...

Economics - the non-science science.

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