Economy

[Amnorix]

Originally Posted by Mark M

First of all, it'd be nice if people posting here would share their experience in this area -- blaming the issue simply on housing or the media does nothing but display a stunning lack of knowledge of the larger issues.

Best post on here. Many in this thread contain errors, oversights or are just garbage.

Keep in mind something else that I haven't seen stated yet -- capitalist economies are (or at least historically have been) cyclical in nature. We have yet to figure out a way to remove the cyclicality of the economy, even though we had (we thought) developed systems to reduce the duration and depth of economic downturns.