Thursday, March 12, 2009
Asset prices, for both stocks and real estate, must decline to levels appropriate for current circumstances
"Jobs must be lost in the service sector so that labor can be reallocated towards goods production. Asset prices, for both stocks and real estate, must decline to levels appropriate for current circumstances ... By postponing these adjustments we merely assure an even more painful transition in the future."
Democrats to Obama: Hurry up and fix the economy :)
Well, this is called a joke about change we can make.
Oh, by the way, Japan GDP shrinks 12.1 percent in fourth quarter.
Democrats to Obama: Hurry up and fix the economy :)
Well, this is called a joke about change we can make.
Oh, by the way, Japan GDP shrinks 12.1 percent in fourth quarter.
THIS LINK posted by Joseph Bell : 11:20 AM
