PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 25th Jan 2009, 09:11
  #1721 (permalink)  
hughesyd
 
Join Date: Apr 2005
Location: manchester UK
Age: 52
Posts: 165
Likes: 0
Received 0 Likes on 0 Posts
A very good video showing exactly how it is in the world today, shocking as it is to beleive!.

Any amount of national monetry reform would have a negative effect on our economy as this is a global problem and needs to be tackled at a global level.

Also shows in reality how close we have come to a collapse of the global finacial markets, and its not over yet by a long stretch.

The system shows that actually, if you are a saver and avoid credit at all costs, your going to end up worse off, you got to be in it to win it, a slave to the system in effect.

is it infinate in the amount this system can carry on growing througout the global economy?, as surely the differential between interest and actual debt can only get bigger. If we come out of it this time unscathed, how many years before we end up in trouble again.
hughesyd is offline