Jun 4, 2008 The US Economic Recession An Update Bill Buckler 321gold ...s »
Posted By engineer 1 year, 6 months ago in Business & FinanceBill Buckler is one of the outstanding economists and knowledgeable. He writes only what he believes is the truth after studying.
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engineer
Hi
My background is Biomedical engineering with an MBA As you know from all my comments where I almost stand politically. I have loads of ...
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walden31 year, 6 months ago
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I believe that we are in a very precarious situation. People don't realize how fragile our "petroleum" way of life is. What I fear now, the tipping point sort to speak, will be some unexpected event, something like storms in the Gulf of Mexico that shut down refineries, action with Iran, the closure of the Persian Gulf, unrest in West Africa. Boom we wake up to $250 a barrel oil and $8 a gallon gas. The market crashes and trading is halted. People want money from banks and the government closes them to prevent a run. Store shelves empty. Main Street Columbus starts to look like Miami after Bob.
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quackpot1 year, 6 months ago
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Mr Buckler forgets to mention that the he huge "funding liabilities" on which he focuses are spread over a worker's productive life span of 40-50 years.
This is a MAJOR error.
While the Social Security and Medicare INSURANCE programs certainly do need prompt attention in order to remain solvent, it is incorrect to call them immediate disasters as Mr. Buckler is doing in the editorial.
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Wolfie20071 year, 6 months ago
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Watch out guys or you're going to scare yourselves to death before glow bull warming sets in and gets you. Btw, have you heard the world is going to end next Thursday, June 12, 2008 so why worry anyway? lol
Engineer, is this your hobby, looking for articles of dire devastation of our economy from obscure web sites? lol
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