Oops UT is right again. - Page 2

Elspode · 09-12-2007, 02:20 PM

*Credit* is going to cause the ultimate collapse. There's way too much money in the world that isn't backed up by anything except good intentions - the good intentions of borrowers, the good intentions of banks, the good intentions of countries.

It boggles my mind that the amount of credit extended is so high, yet we are bleeding basic jobs like a hemophiliac, here. Its going to bust. Its got to...just like the Dotcom bust. Too much good intention, not enough hard stuff underpinning it.

Spexxvet · 09-12-2007, 06:56 PM

Quote:

Originally Posted by Undertoad

... We will ferret out the real information here... such as, a Presidency can't have an effect on the economy that quickly.

You know that, and I know that, but....

09-12-2007, 02:20 PM	#16
Elspode When Do I Get Virtual Unreality? Join Date: Dec 2002 Location: Raytown, Missouri Posts: 12,719	Credit is going to cause the ultimate collapse. There's way too much money in the world that isn't backed up by anything except good intentions - the good intentions of borrowers, the good intentions of banks, the good intentions of countries. It boggles my mind that the amount of credit extended is so high, yet we are bleeding basic jobs like a hemophiliac, here. Its going to bust. Its got to...just like the Dotcom bust. Too much good intention, not enough hard stuff underpinning it. __________________ "To those of you who are wearing ties, I think my dad would appreciate it if you took them off." - Robert Moog

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