Author Topic: Interest and speculation?  (Read 1377 times)

Offline Saladin

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Interest and speculation?
« 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?

Offline astarmathsandphysics

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Re: Interest and speculation?
« Reply #1 on: September 11, 2009, 11:29:15 pm »
Greed too

Offline Saladin

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Re: Interest and speculation?
« Reply #2 on: September 11, 2009, 11:39:45 pm »
Yes ture...

nid404

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Re: Interest and speculation?
« 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

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Re: Interest and speculation?
« 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 :))

Offline Saladin

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Re: Interest and speculation?
« 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.

Offline astarmathsandphysics

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Re: Interest and speculation?
« 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.

Offline Saladin

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Re: Interest and speculation?
« 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....

Offline astarmathsandphysics

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Re: Interest and speculation?
« 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.