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John Lounsbury
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John Lounsbury, Managing Editor and Co-founder of Global Economic Intersection, provides comprehensive financial planning and investment advisory services to a small number of families on a fee only basis. He has a background which includes 34 years with a major international corporation, 25... More
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John B Lounsbury CFP
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Global Economic Intersection
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  • TeresaE
    , contributor
    Comments (3041) | Send Message
    Very interesting stuff.


    What I find most interesting is Steven Hansen's article concerning "free trade" and stimulus.


    All I can add to that is not only did much of our government spending (so our kid's future tax payments) "leak" into the world's economy and not ours, it also was directly SENT there.


    Billions to Brazil to buy our idled oil rigs (and our jobs), billions to China, Brazil and Mexico to build GM plants. Billions to battery companies that are foreign owned and operated. Billions for windows, insulation, solar panels and appliances with the majority made on foreign soil.


    We are destroying our childrens' future standard of living to create jobs in other countries.


    Makes me happy I'm not the only one that has noticed the insanity of these policies.
    13 Sep 2010, 04:22 PM Reply Like
  • doubleguns
    , contributor
    Comments (9707) | Send Message
    The more you beat your head against the wall trying to get people to understand the more your realize your just getting a bigger knot on your head.


    Sure doesn't seem worth it.


    But I am sure those who got stimulated must be thinking "Those Americans, they are so foolish...I mean nice!!".
    13 Sep 2010, 05:36 PM Reply Like
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