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SeriousBull, your analysis is on. The $100 Trillion will be lost global investment and global contraction (especially the U.S. at some point). The taxpayers will bear most burden of the bailouts but it is the contraction of investment and subsequent job losses we see accelerating which will ultimately drastically lower the quality of life for most Americans. The solutions is to innovate now in energy and give the global consumer what it wants. This would continue to expand our global empire. If we don't, then we will contract into Depression, see a final global war (nukes would likely be used, YIKES). Do the American people have the collective will to push leadership into action and out of their Washington cacoon? That looks like a big negative to me, I see most Americans wanting bailouts, meaning a Socialist government until at least 2012 when the continued pain accumulates to creating necessary action.
Apr 10 13:06 pm
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All Comments by Jason Rines (iThinkBig) »Fed Notes Indicate Economy's Troubles Aren't Over [View article]