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Yavin4 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-14-06 06:58 AM
Original message
The American Economy in a Nutshell
From 2002 through 2004, it was far easier for most Americans to borrow $50,000 than it was for them to earn $50,000. Today, it's becoming equally difficult to do either.
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ConcernedCanuk Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-14-06 07:18 AM
Response to Original message
1. Actually, from my Canuk perspective, I think I have a better analysis
.
.
.

The US Economy is F*CKED!

over 750 billion trade deficit this year - and about the same amount spent on their wars in Afghanistan and Iraq in the last few years.

Bully on the block is managing to kill a lot of people,

But losing the respect, support and business from the rest of the world.

Look around y'all, even your neighbour to the North is making deals with China, Russia, and so on for our goods(yeah, OIL, steel and Lumber)

Why would we deal with y'all when others will just pay straight-up and y'all rip us off for BILLIONS???

Sumthing to to think about . . . . .

And we ain't the only ones.

As all imperialistic nations go

History writes

"The rise and the FALL of the __________ Empire."

PNACers will gain their place in History.

But millions will die(and are dying) at the hands of the PNACers and their use of the US's murderous War-Machine.

NO-ONE will miss the USA when it falls -

Over 100 countries can start ruling themselves again without US interference . . .

What a concept . . . .
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Sammy Pepys Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-14-06 11:55 AM
Response to Original message
2. Nice and concise.....
Though it will always be easier to borrow money than earn it ;)
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Yavin4 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-14-06 03:12 PM
Response to Reply #2
3. True, But Not The Amount
Yes, it's always easier to borrow, but not at the sums that we saw from 2002 to 2004. Out of work people during this time replaced their income with borrowed money on their homes.
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Sammy Pepys Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Sep-14-06 04:17 PM
Response to Reply #3
4. It's easier than you think...
...which makes it that much scarier. And you don't even need to own a home.
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