03-06-2009, 11:20 AM
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#11
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Living Legend
Join Date: Aug 2008
Age: 58
Posts: 21,701
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Re: How Low Can It Go?
Quote:
Originally Posted by saden1
That was a rhetorical question, we actually do.
An economy built on consumption cannot withstand for long high unemployment. Once an economy collapses there is no quick fix, it takes years to start a successful business to re-employ the unemployment. Of course that all depends on investor confidence and the credit market, no one likes losing money and no one can start a successful business without being able to borrow.
The economy is organic, it can sustain damage, it can heal by itself, but I suspect applying an ointment, even if it's a placebo, is better than going all natural.
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and mine was an answer in jest from a long lost commercial reference.
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