07-10-2008, 06:35 PM
Sorry Eric... didn't mean to get you all depressed...[
]
One of the real problems in having such a large "free" market economy as the US is that it will have some very violent "swings" and those will affect not only US citizens and tax-payers, but since the US economy is HUGE, it will have an effect on all economies of the world. Our interest rates have already gone up a couple of points just beacuse of the "sub-prime" crisis...
I do not believe that this crisis will be anything like the 30'es depression, but it's going to slow the economy down for a while.
Thats bad news for all the self-employed/small business people.
Hilsner
Dravis aka:FMJ
"Sapere Aude: Dare to KNOW!" Nu snart med .17 Mach 4 ...
]One of the real problems in having such a large "free" market economy as the US is that it will have some very violent "swings" and those will affect not only US citizens and tax-payers, but since the US economy is HUGE, it will have an effect on all economies of the world. Our interest rates have already gone up a couple of points just beacuse of the "sub-prime" crisis...
I do not believe that this crisis will be anything like the 30'es depression, but it's going to slow the economy down for a while.
Thats bad news for all the self-employed/small business people.
Hilsner
Dravis aka:FMJ
"Sapere Aude: Dare to KNOW!" Nu snart med .17 Mach 4 ...
Hilsner
Dravis aka:FMJ
"Sapere Aude: Dare to KNOW!"
"Do not adjust your mind, there's a fault in reality"
"Når to deler et ansvar, så er der to procent til hver"
Dravis aka:FMJ
"Sapere Aude: Dare to KNOW!"
"Do not adjust your mind, there's a fault in reality"
"Når to deler et ansvar, så er der to procent til hver"