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Ya-ta Boy
Joined: 16 Jan 2003 Location: Established in 1994
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Posted: Tue May 06, 2008 6:06 am Post subject: Grapes of Wrath vs Raisins of Inconvenience |
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Whatever happened to the Great Depression? Not the real one from 70 years ago, the lost decade of unimagined misery and Steinbeckian angst, the worst period in the history of modern capitalism. I mean the replay we were promised this year. The one we were told was the inevitable counterpart to the greatest financial crisis since a couple of medieval Italians first sat down on a Florentine bench and invented the word �bank�.
I think that's a fair question. But then, I think economics is just a bunch of political agendas looking for a politician to enact their pet theory of the week.
Anyway, the piece can be read here: http://business.timesonline.co.uk/tol/business/columnists/article3876863.ece |
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bacasper

Joined: 26 Mar 2007
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Posted: Wed May 07, 2008 4:21 pm Post subject: |
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I'm giving it until the end of the year. |
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Ya-ta Boy
Joined: 16 Jan 2003 Location: Established in 1994
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Posted: Fri May 09, 2008 8:32 am Post subject: |
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That's very liberal of you.
According to post after post a few months ago, this mother-of-all-depressions was supposed to have already happened. I think May was down for cannibalizing the neighbors while waiting for this year's vegie crops to come in--if global warming didn't squelch that plan. |
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On the other hand
Joined: 19 Apr 2003 Location: I walk along the avenue
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Posted: Fri May 09, 2008 12:33 pm Post subject: |
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Quote: |
According to post after post a few months ago, this mother-of-all-depressions was supposed to have already happened. |
Similar to the way that, according to post after post for the past five years, the Americans were always on the verge of avenging the 2002 Hatefest by calling the Korean nationalists' bluff and withdrawing all the troops.
But meanwhile, back in the world that we actually live in...
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WASHINGTON, April 20, 2008 - The United States will keep its current number of troops -- roughly 28,000 -- deployed to the Republic of Korea, President Bush said yesterday.
During a joint news conference with his South Korean counterpart President Lee Myung-Bak, Bush said the two leaders constantly assess the need for U.S. forces on the Korean Peninsula, and both agree on the necessity of maintaining present levels there.
"We reached an agreement to maintain the current U.S. troop level on the peninsula. This is a mutual agreement that benefits both our nations and will strengthen our alliance," Bush told reporters at Camp David.
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http://tinyurl.com/5bn2kb |
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