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Seattle Bubble Forum Archive • View topic - Recession-Plagued Nation Demands New Bubble To Invest In

Recession-Plagued Nation Demands New Bubble To Invest In

How will housing affect the US and world economy? How will the economy affect housing?

Moderators: synthetik, The Tim, Lake Hills Renter

Recession-Plagued Nation Demands New Bubble To Invest In

Postby The Tim » Mon Jul 14, 2008 6:41 am

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Re: Recession-Plagued Nation Demands New Bubble To Invest In

Postby rose-colored-coolaid » Mon Jul 14, 2008 7:55 am

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Re: Recession-Plagued Nation Demands New Bubble To Invest In

Postby TJ_98370 » Mon Jul 14, 2008 3:56 pm

.
Tim,

The Onion article you posted is spooky close in overall message to a serious, authentic article written by Eric Janszen. Check it out.




..... the Internet and housing hyperinflations transpired within a period of ten years, each creating trillions of dollars in fake wealth, is, I believe, only the beginning. There will and must be many more such booms, for without them the economy of the United States can no longer function. The bubble cycle has replaced the business cycle.....

.....Our economy is in serious trouble. Both the production-consumption sector and the FIRE (finance, insurance, real estate) sector know that a debt-deflation Armageddon is nigh, and both are praying for a timely miracle, a new bubble to keep the economy from slipping into a depression.......

.
.
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Re: Recession-Plagued Nation Demands New Bubble To Invest In

Postby rose-colored-coolaid » Tue Jul 15, 2008 7:12 am

I'm just trying to figure out when economic depression, or recession even, became synonymous with Armageddon. It's almost like "if I have to go back to not buying a new car every 2.5 years I will certainly die!"

</sigh>
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Re: Recession-Plagued Nation Demands New Bubble To Invest In

Postby WestSideBilly » Tue Jul 15, 2008 10:43 am

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