There is no economic crisis.

There is no economic crisis.

The news is full of hysteria and dread as to how much of a an economic crisis the world is in. Rome trembles. So to speak.

I submit that it is all part of the social manipulation that is at work on us by the media. They only focus on the debtors and ignore the lenders.

These lenders are in actual control of the economy.

If mankind wants to end the so called economic crisis, all mankind need do is rein in those run away rich lenders.

Let us not forget, those nations in debt; Greece comes to mind, should also be made to come to heel on it‘s extravagances.

Woe to the rich. The tax man cometh.

If there were an actual economic crisis, it would be the lenders in the news and not the debtors.

Regards
DL

You mean all those lenders and other big businesses that went bankrupt?

D- in Economics for you. there is certianly a crisis going on.


The problem (not just the lenders) is the entire fabric of our economic system which is based in investment/reinvestment in unstable markets. Too many eggs in one basket.

It was a crisis for Woolworths. Not that anyone shopped there anyway.

So unemployment at an official 9% (more likely an actual figure of 15-20%), people are being wiped out financially and loosing their homes that have gone underwater, is no crisis? Don't know if you noticed but Canada is doing better than the US because your government didn't force your banks to write mortgages for the "affordable housing" bulls*** program (no thanks to you apparently) that avalanched down on the rest of our economy.

well our country spends money on housing illegal immigrants. Latest is some illegal immigrant who cant be deported because he has a pet cat or dog. Pathetic

Not to mention education, health care, food stamps in places etc. and don't pay any payroll taxes.

well the education and heaslth care are kind of important. Illegal Immigrants aint. Altho I do like a good kebab