MUCH WORSE than The Great Depression

Discussion in 'Economics' started by ByLoSellHi, Sep 9, 2009.

  1. I know that's what we were told. I doubt it was Bush's REAL reason.

    And how has the war in Iraq worked out for us? We've spent $Trillions, lost thousands of lives, and what do we have to show for it. PERHAPS a "call" on Iraqi oil? $Trillions paid for a "call" option to buy at market price?

    Bush showed criminal irresponsibility! :mad:

    War for the sake of war (or financial reasons) is not only morally reprehensible, it's stupid.... which, of course, makes it a viable political consideration.
     
    #11     Sep 9, 2009
  2. Where are land values down over 80%?

    Detroit? A nuclear waste dump? LOL.

    Please show me one of the many areas where land value is down "over 80%" so I can buy some. Thank you.
     
    #12     Sep 9, 2009
  3. I never said it made any sense.
    :D
     
    #13     Sep 9, 2009
  4. Of course it was.

    to guard USA strategic interests.

    public never would have bought it........so they had to lie.

    I am no fan of Bush but history will judge if this was a necessary move or Waterloo.

    I may be totally out to lunch on this, but that is my take.
     
    #14     Sep 9, 2009
  5. bozwood

    bozwood

    Agree. It was mostly about oil and strategic positioning within the region. Nothing wrong with that, IMO. I also don't think we have much problem with taking out as many terrorist sympathizers as we can, either as well as disrupting their ability to obtain stuff that could hurt a lot of people.

     
    #15     Sep 9, 2009
  6. Sodajerk

    Sodajerk

    The sky is falling, people! Therefore, freeze up in fear. Stop thinking and planning, and go into a disorderly, reactive state of mind.
     
    #16     Sep 9, 2009
  7. America went to war in Iraq to stop them from trading oil in Euros. It was a BIG message to the middle east and the world how war they would go to maintain their reserve currency status.

    I'm intreagued to know how it will play out this time now that it is China and Russia that are calling for a change of reserve currency.......
     
    #18     Sep 9, 2009
  8. Lethn

    Lethn

    With all this stuff going on I find it typical how people instantly blame the Chinese or Russians as if it is somehow 'their' fault that their own currency lost it's value because of their incompetency.

    The Chinese and Russians are actually doing reasonably well in this recession because they don't pull crappy ponzi schemes like we've had in the UK and America.
     
    #19     Sep 9, 2009