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| quote: | Originally posted by diggerz
well, in the US (with such a potential and productive group of sectors - labour & service, technological, scientific et al) sustainable exponential growth is possible with moderate government intervention.
what got the economy into this mess were not the decisions of 'regular' ordinary people with nine to five's, but of those who wanted to live 'beyond their means', and the banks and institutions who lent and borrowed excessive amounts of financial assests that in reality they couldn't afford.
The economy is entering or has entered a 'recession' period, while there might not be exponential growth at least there will be 'some' growth. this economy is not coming down so easily, jason. your hopes of seeing america fail will not come to reality, at least not in my lifetime. that i assure you.
there is no place like america...no place |
where did i say i wanted to see america fail? It is not in the best interests of my wallet. You are coming to conclusions on my stance by reading into things that are not there.
as far as there being no place like america, i agree. (albeit maybe not for the same reasons and as a positive.) I have no hate for America, only disdain for policies that negatively affect people who are not citizens. This has absolutely 0 to do with the people of America (in general).
if sustainable exponential growth is indeed possible, i challenge you to find 1 instance of this happening in ANY country, at ANY time in history. Time travel is also possible. It just has never happened right?
I personally do not believe something to be possible until it has been proven and achieved at least once.
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