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I think that the global economy is supposed to expand again next year. It won't be robust growth, but I don't see anyone predicting global economic contraction.
You really think so ? Italy has about $300 billion Euro of maturing debt it has to refinance this and next year. Italy's public debt is 5 times that of Greece. Italy has no money to pay that debt and is the world's third biggest borrower.
I think expansion is the wrong word; explosion might be more appropriate.
You really think so ? Italy has about $300 billion Euro of maturing debt it has to refinance this and next year. Italy's public debt is 5 times that of Greece. Italy has no money to pay that debt and is the world's third biggest borrower.
I think expansion is the wrong word; explosion might be more appropriate.
Where do you get your information? The EU is going down as we speak and will significantly impact us as well ... and you think the global economy is going to expand next year? All the economist disagree with you.
I understand you live in a fact free alternative reality, so here some help.
Not when its combined with sharp decreases in the tax rate for the wealthy and those loopholes also impact the middle class. Its a tax raise on the middle class in order to decrease taxes on the wealthy.
Ahhh, so you dont mind loopholes provided they are targeted towards a certain class of individuals after all..
If the economy thrives, then Obama, like all presidents, will get the lion's share of the credit.
If the economy crashes, then Obama, like all presidents, will get the lion's share of the blame.
Which do you think his opponents wish to see come to fruition?
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,917,183 times
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Quote:
Originally Posted by afoigrokerkok
Good. Now let's hope he also pledges to veto anything the Democrats got through to throw out the domestic spending cuts.
You darn tootin' he better. With gusto, even. Or he's doomed, and will be known as a two-faced ****** forever, in my opinion. I wouldn't vote for him again, that's for sure.
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