Author Topic: Interest and speculation? (Read 2008 times)

Saladin · « **on:** September 11, 2009, 11:22:43 pm »

Please write your thoughts about interest and speculation, are these truly the real reasons for the global economic crisis?

astarmathsandphysics · « **Reply #1 on:** September 11, 2009, 11:29:15 pm »

Greed too

Saladin · « **Reply #2 on:** September 11, 2009, 11:39:45 pm »

Yes ture...

nid404 · « **Reply #3 on:** September 12, 2009, 05:05:25 am »

And the US government and the Banks.....they made a mess of the whole financial system

Q80BOY · « **Reply #4 on:** September 12, 2009, 05:23:35 pm »

economic crisis .. puft .. London was full of tourists this summer .. its just a propaganda .. so the US govt looks like a hero (my own theory

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Saladin · « **Reply #5 on:** September 14, 2009, 07:13:41 pm »

Yeah, many countries that have invested into tourism, are now in big trouble mainly cuz of economic ruin and also becasue of the global pandemic.

astarmathsandphysics · « **Reply #6 on:** September 14, 2009, 10:26:18 pm »

Whatever anyoneone invested in apart from mud huts is now being washed away. Including the mud huts in fact.

Saladin · « **Reply #7 on:** September 14, 2009, 10:28:55 pm »

Ya, casue of floods. The housing industry was seen as an industry that would always boom, now its flat....

astarmathsandphysics · « **Reply #8 on:** September 14, 2009, 11:09:16 pm »

Yes. In England people are saying our National debt will double in the next 5 years.

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