Savings Rate at Lowest Level Since 1933

Since the dollar gets "worthless" anyway, Chinese labour will be easy to compete with(and the living standards for the american people will not fall to the chinese level but rather increase very fast)

 

Deflation happens when markets crash and that is what you will have soon!

Deflation in asset values and in wages, it is a matter of supply and demand like any other market!

When there are more people seeking work wages go down, not up!

When people lose jobs, banks foreclose on their homes and there are more homes on the open market and they go down in price!

 

Deflation is the opposite to inflation, it means that we should concentrate our needs on primary value-papers instead of real things. The deflation that occured in the 30:is was not an effect of a crash only but rather on a crash combined with a high interest rate.

 

Remember, all markets are supply and demand related

 

Alito was sworn in - it must be the end of the world now!

 

Yeah Debunked, that should cause Americans to save since it will bring gas prices down

 

Why would they? Did I miss somewhere, where Bush was CEO of Ford/GM? Do you just make stuff up as you go along?

Oh, come on! If Bush were smart enough to steal two elections, cause 9/11, single-handedly take out two auto manufacturers, sequester a hurricane, cause world-wide global warming, etc, etc, etc, you think he would be so simple-minded to slip up and lose majority control? Some days, he can sprinkle pixie dust and make prime rib, others, you seem to forget who you are dealing with!

Feelings...nothing more than feelings...trying to forget my...

 

GTech, I thought you went home with Henny crying in your milk.......

Man you Republicans never give up do you

You will still be saying how great Bush is even as that flash of light from the nuclear war hits

You guys are some great Americans that will go down with the SS BUSH

 

So I didn't miss where Bush was ceo of Ford/GM? I didn't think so.

What else do you make up as you go along?

 

Ofcourse, let's say that we have a small market with only one supplier and one consumer. The supplier have 10 products on the storage and each one of them for 1$.

Deflation: The consumer buy 8 products. The supplier have to trash 2 of them, decrease the production, the production cost(mostly wages and shutting down segments) and the price, but it doesn't help because when the supplier sells the product for 0,8$, the consumer is still waiting for lower prices in the future(I might get this cheaper if I buy it next month)
Inflation: The consumer buy 12 products. The supplier have to increase the production by hiring more people to work for a higher wage(because of the shortage of skilled labour) and robots. It can raise the price a little bit but on that time, the consumer is able to buy 14 products, due to the higher wage.

 

So high oil prices that the Iraq war caused have nothing to do with people not buying Ford and GM Pickups and SUV's GTech

 

Look in Iraq, high growth and record inflasion.

 

This is not related to this subject, but I think people should use public transport instead of some crazy SUV. It's sad that so many Saudi oil companies bought so much rail in US

 

Wouldn't you have to establish those "high prices" were caused of the war in Iraq? Couldn't we just say that Bush broke into my garage and stole my cans of oil?

Let's see, I think I can do this:

Oh, the outrage, the doom, despair and agony on me! I ate a burrito, I had flatulence, it was oderiferous, and it was all Bush's fault!

Hmm, no, that doesn't sound quite right does it? Perhaps delusion is something that can't be taught

 

Please GTech, you don't have to be Alan Greenspan to figure it out man!

http://www.latimes.com/business/la-...580.story?coll=la-story-footer&track=morenews

ExxonMobil's annual profit was the largest ever reported in corporate history, Standard & Poor's stock market analyst Howard Silverblatt told Associated Press.

The energy giant also claims the second-largest annual corporate profit ever reported, $25.3 billion in 2004.

The Irving, Texas-based company's profits rose strongly across most of its units despite the damage and disruption to production and refinery facilities suffered during the Gulf Coast hurricanes. For the fourth quarter, the company said profits, including special one-time items, surged 27% on a year-over-year basis to $10.7 billion.

Company officials, mindful of the anger triggered by last year's surge in energy prices that sent gasoline soaring to $3 a gallon in many parts of the nation, stressed the company's investment in expanding production. Last year, ExxonMobil spent $17.7 billion in exploration and facilities.

http://www.google.com/search?hl=en&q=exxon+record+corporate+profits&btnG=Google+Search

Better get those results removed from Google, they could damage Cheney GTech

 

Well, you know what they say about assume. Funny, as loony as the LAT is and notably anti-Bush, even they don't mention anything about it. Not even a passing mention of Iraq. Or, is it something only you have the ability to see?

 

Tesla I have been following this thread in detail and have enjoyed your posts. You seem like one of the few intellegent people left that have a consience and see the truth for what it is. I simply wanted to say that I see your point of view and we share the same sentiment when it comes to what is happening to the US right now. It is sad, frustrating and discouraging to live in a place where you feel that you are outnumbered by the ignorant.

 

Well this one mentions it GTech....

http://www.commondreams.org/headlines03/0502-06.htm

So do the Google search results listed ....

 

Had to stoop all the way down to common dreams, eh?

Check out these search results:

http://www.google.com/search?hl=en&q=john+kerry+is+a+transvestite&btnG=Google+Search

It must be true

 

Talk about reaching in the gutter, if that's all you got go back to making Republican propaganda threads with Will Spencer, Henny, Mia and Debunked