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Message Subject 2013 - the year when SHTF - economic meltdown inevitable this year.
Poster Handle Hymen Goldstein
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The solution was, for US mainly, to move companies in China, and for Western Europe to move them in Eastern Europe.This was mainly inbetween 1990-2000.

This solution was great for americans and western europeans
 Quoting: recollector


On this one point alone, it shows the reader how totally lacking his position is. Consider, moving jobs to Asia resulted in 7 million fewer jobs in America. That did not boost the American Economy. What actually kept the American Economy roaring until the Housing Boom collapse WAS THE HOUSING BOOM AND FREE SPENDING THAT RESULTED IN MANY EXCESS SERVICE SECTOR JOBS. VEry simple fact, if you add money into the economy, that excess money creates service sector jobs because people are spending and spending and spending and spending.

THIS WAS ALL CONTRIVED BY PRESIDENT BUSH AND HIS CORRUPT GANG IN WASHINGTON. THE 30 TRILLION DOLLARS OF FRAUD IN THE MORTGAGE LOAN INDUSTRY GAVE A TREMENDOUS ARTIFICIAL BOOST TO THE ECONOMY UNTIL THE PEOPLE CAME TO THEIR SENSES.

Houses were selling for four times what it would cost to build them new. People just stopped buying and the whole bubble burst. Bush had counted on the bubble continuing to run through the end of his presidency. If a democrat was elected in 2008, then the Republicans would have ammo to keep a republican in the presidency for the next half century because they would claim that Democratic policies caused the economic crash.
 
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