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Randi Rhodes Message Board > Main Forums > Heard on the Show
Claystation
Can the whole world REALLY crash like this??

I mean at some point there has to be some kind of reset, right?

If the world-wide economy tanks so bad NO ONE can buy ANYTHING... doesn't something have to be done to reset how much things cost so that people can buy things again?
Seeker1
QUOTE (Claystation @ Oct 8 2008, 02:57 PM) *
Can the whole world REALLY crash like this??

I mean at some point there has to be some kind of reset, right?

If the world-wide economy tanks so bad NO ONE can buy ANYTHING... doesn't something have to be done to reset how much things cost so that people can buy things again?


You think there's a "reset" button for the global economy?

Hoo boy, if it was only that easy.

Like I said, Tom Friedman's been blabbing about the benefits of globalization and interdependent economies for years.

Like many snake oil salesmen, he hasn't been discussing the risks.

You're about to see them.

Think dominos falling. Except, this domino theory is real.


Claystation
QUOTE (Seeker1 @ Oct 8 2008, 12:05 PM) *
You think there's a "reset" button for the global economy?

Hoo boy, if it was only that easy.

Like I said, Tom Friedman's been blabbing about the benefits of globalization and interdependent economies for years.

Like many snake oil salesmen, he hasn't been discussing the risks.

You're about to see them.

Think dominos falling. Except, this domino theory is real.


But we won't be going back to being hunters and gatherers...

We still have to buy food and clothes and heat and stuff like that...
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