Roadmap to default | |
Doom Meister (OP) User ID: 1557294 Canada 09/27/2011 09:28 PM Report Abusive Post Report Copyright Violation | Oh my God, OMG here are the unemployment figures. [link to www.bls.gov] The future is uncertain and the end is always near. |
Doom Meister (OP) User ID: 1557294 Canada 09/27/2011 09:51 PM Report Abusive Post Report Copyright Violation | Don't be silly you have no other option. Go for the quarterback sneak. Otherwise, as soon as you implement the bailout package, the market will tank, like it did in 2008, when Bush brought in his Economic Stabilization Act, and look at the unemployment figures,. They jump right after. In some cases doubling right away, and in other cases more than doubling like Spain hitting 22 percent. You already have Great Depression unemployment in many areas, and you have Great Depression market confidence. So, the best option is to merely say you are going to continue to work on it, while you create funds to pay for essential services, so you put together an essential services package, which pays 1 tenth of GDP annually for essential services and all Eurozone countries can qualify, and it will create employment (read pay for existing employees wages. To the amount of the average per person income per country. 1 tenth of the population. Some new essential service jobs are created, funds are allocated to pay the wages freeing up money to each country to help put towards debt restructuring) Thats why I get the big money. The future is uncertain and the end is always near. |
Doom Meister (OP) User ID: 1557294 Canada 09/27/2011 10:05 PM Report Abusive Post Report Copyright Violation | Or buy back the bonds at 50 cents on the dollar. They are trading at 40 cents right now, thats a ten percent profit for investors. And if you are smart, during the time you are doing this, and once you have the quarterback sneak instituted, THEN you tell the people about your new banking reforms, and your essential services reforms, and your plans to stabilize the economy through growth in the middle class, and boost the lower class through economic development programs etc which all stabilizes the union. Which rebuilds confidence in the markets. 4 year outlook? Tourism is not going to rebound any time soon. Americans are in foreclosure and high unemployment. All those high European unemployment figures will remain until you diversify your economy away from tourism. The future is uncertain and the end is always near. |