
01-01-2010, 08:42 AM
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Senior Club Cobra Member
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Join Date: Jul 2002
Cobra Make, Engine:
Posts: 15,712
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Not Ranked
Good or bad our economy is based on consumerism, something like 70% I've heard. That means credit. Those of us, that includes me, that aren't "buying stuff" are not helping this recovery, this country. Every advertiser on here is looking to sell something, it's what this country does, it's who we are. When we stop "consuming" the economy get's ugly quick. China is doing well we because we buy their "stuff".
As far as them "wanting their money" from us, aint gonna happen. That would actually devastate their own economy if they pulled the money out. The US dollar would plummet as their's would. Were kind of "locked at the hip" on that issue.
Solution? There is none. This country is not going back to "farming", our industrial base, frankly, may not be big enough to save us this time. Even given a decade or more, were in for a permanent change of some kind, in my opinion. I'm not one to dwell on "doom and gloom" but I know, I whisper, were in deep s--t here. The Republicans cannot change that. "Voting the bums out" will not change it, which won't happen anyway. The Dem's are here to stay, the Republican party is doomed, straight up, it may never recover again. That's not hype from a Liberal, thats a fact based opinion on the nightmare to come. Obama IS going to win a second term, period. Who will run against him in the Republican camp that can attract the Latino vote, the young vote, the millions with "new health insurance" votes Obama just handed them? Who ever it is better get started RIGHT NOW, because Obama is wrapping those votes up, RIGHT NOW.
Don't hold your breath some kind of "revolution" will happen and people will flock to the Republican side of the aisle. Repub's, dead man walking.
Last edited by Excaliber; 01-01-2010 at 08:49 AM..
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