In your opinion, Is the recession REALLY over??? I mean . . . . . really?!?
Drue-AFCL
2012/06/09 18:26:17
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Top Opinion
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Ron in Oregon 2012/06/09 18:37:29YES and why ?+17Yes, the recession is definitely over and we are now entering a depression. Thank You Obama.






















Many Economists and Bankers first blamed the effects of the Sub-Prime markets, and then credit default swaps, but now the mode of effort is the derivatives market with more than a Quadrillion dollars wagered within. a majority of the TARP and bailout funds have been wagered within this market and it is just about ready to "pop"... Keynesian theory will work in dealing with necessary commodities and enterprise if there is a currency that will be viable after the derivative problem resolves itself in the resulting cycles of creation and ces...
Many Economists and Bankers first blamed the effects of the Sub-Prime markets, and then credit default swaps, but now the mode of effort is the derivatives market with more than a Quadrillion dollars wagered within. a majority of the TARP and bailout funds have been wagered within this market and it is just about ready to "pop"... Keynesian theory will work in dealing with necessary commodities and enterprise if there is a currency that will be viable after the derivative problem resolves itself in the resulting cycles of creation and cessation but one must ask oneself of the judgement of the "experts" who have engineered this situation and whether they had any clue as to the final outcome... as in the story of Humpty Dumpty and of course the Babylonians which our monetary system was based upon... the writing is on the wall, and all that any of the afore mentioned Politicians and Economists can offer are band aids for a mortally wounded beast.