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2008-10-28 Home Front Economy

Spengler: The world isn't flat, it's flattened

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Posted by tipper 2008-10-28 11:01|| || Front Page|| [3 views ] Top

#1 Back to my childhood - well - our pampered litle prissies just may get a clue.

Posted by anonymous2u 2008-10-28 12:26|| 2008-10-28 12:26|| Front Page Top

#2 Argentina is now effectively broke, and the government of Cristina Kirchner has expropriated the country's private pension plans to obtain cash. Its foreign credit has collapsed completely.
Seems like I heard something similar to this recently...hmmm...would the next step be mandatory bond purchases taken from paychecks, ostensibly for retirement savings (call it something catchy like the Patriotic Obligatory Service, or P.O.S. Act)?

Posted by swksvolFF 2008-10-28 12:50|| 2008-10-28 12:50|| Front Page Top

#3 Every word is TRUE!

Posted by Besoeker 2008-10-28 12:59|| 2008-10-28 12:59|| Front Page Top

#4 Those who objected to America's role as world policeman will get what they wanted, but they won't like it: a religious war reaching from Lebanon to Pakistan, and Colombian-style narco-war spreading to Mexico and Brazil. To date the Powers That Be have been clueless about the underpinnings and full extent of the current financial crisis, and ObamaMessiah is the most clueless of all -- his influence would most likely be to worsen and prolong the current Panic, which will hurt the rest of the world more than the US.

Posted by Anguper Hupomosing9418 2008-10-28 13:24|| 2008-10-28 13:24|| Front Page Top

#5 Oh, you're just saying that because the markets go to crap every time a poll says Obumble has a big lead, or barney talks about raiding 401s, reid talks about major institutions possibly failing, so on...

Posted by swksvolFF 2008-10-28 14:54|| 2008-10-28 14:54|| Front Page Top

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