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Is there any other way to cure the bursting of the asset bubble other than deficit spending?
Republican’ts and other critics of deficit spending criticize Obama and the Dems either for not fixing the heart attack our economy had or making the patient worse. Please tell me…
How specifically has Obama failed?
I hear a lot of posters saying Obama is a failure. I think the opposite esp. on the economy. Even Superman couldn’t fix the mess he inherited. I think people…
Why didn’t the U.S. learn from Japan’s boom and bust in order to avoid our own?
From 1986 to 1991, Japan’s local companies over-invested in equity and assets such as real estate. I believe the money to over-invest might best have been taken away as taxes,…
Is the Federal Reserve innocent in all these troubles America is having? If so, what can we do about it?
http://www.thenewamerican.com/economy/commentary-mainmenu-43/915 Newspapers are fixated upon $160 million in bonuses given to American International Group (AIG) executives. And it’s nice to know where the millions are going (note: the bonuses could…
How many depressions must supply-siders cause before accepting that their ideology is a failure?
In the 1920′s, conservatives advocated deregulation and large tax cuts for the wealthy, saying that they’d produce prosperity for all. This was known at the time as "Mellonomics," after long-serving…
UK Election, Final debate is on the economy. Will Gordon Brown answer these points?
The United Kingdom is facing the worst financial crisis in its history. This is all about debt. Not just Government debt but Corporate debt and Consumer debt. By any accounting…
Would George Bush’s say that he wants to make the Amrican dream come true as many US presidents said before?
According to NABE (national association of business economics) members said their biggest near-term concern is the subprime loan defaults and excessive debts in US, it is more frightening than the…
Who is more responsible for this financial crisis: uninformed homeowners or greedy people like Bernie Madoff?
It’s clear that both types of people played a part in facilitating this crisis, but who is more responsible? Is it uniformed and ignorant homeowners who took out mortgages for…
Can a neocon explain how a US Senator caused the housing bubble in Australia, France, England and Germany?
…and elsewhere? OR was it the global banks that used the same practices and bought up the same bad assets in every country that they operated in? I guess Sean…
How does 7-fold increase in Dow Jones since 1982 reflect the increase in wealth or value generated until 2007?
Essentially I’m asking does the Dow Jones give an estimate of the value of the assets out there and was the increase in that period real or all just a…