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Old 2010-11-28, 08:36   Link #10106
Jinto
Asuki-tan Kairin ↓
 
 
Join Date: Feb 2004
Location: Fürth (GER)
Age: 43
Quote:
Originally Posted by SaintessHeart View Post
The last part of having the "money pumped into the system" with regards to our economy, is actually inevitable as the world "shrinks". To let an economy itself simply crash can be disastrous to the future growth as it might take eons to even recover to the previously rate of growth, leading to civil instability. It is actually a large part, a political issue as the ruling has to protect their position.
I would say thats a convenient excuse right? Besides, the growths statitistics are flawed in that they include the growth of the virtual bubble (which makes up most of the statistical growth and is responsible for the future inflation - using several indirections on its way to make it look plausible).
An economy doesn't automatically crash when it doesn't grow for a decade. The real problem is debt, to be able to repay rising debt, economy growth is the driving factor and thus wanting more investment (which creates more debt)....
This is basically a competition who can live best at the cutting edge balancing on a knife's edge (celebrating deregulation). This however makes the whole system terribly chaotic (and you don't need to ask an oracle to predict who is hit worst in such a chaos... certainly not the scam masters).
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Last edited by Jinto; 2010-11-28 at 09:45.
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