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Originally Posted by Texpat I never suggested that. |
You did, saying the impact was "negligible", which is a proxy for "no or little impact", backtracking already I see
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Originally Posted by Texpat The impact to sectors other than housing and finance/banking to date has not had great impact. It may come around, but has not visited yet. There's a snowball effect that will encompass other areas, but it remains to be seen how drastically. |
You are completely misinformed, again, you need to learn about banking and finance. Those industries are the blood of our society, when they fail or even chock, everyone IS impacted. Multiplier effect, ever heard of it ? it works both way and guess what, we are facing a liquidity crush, everybody is facing the same facts, and it will have a dramatic impact on the whole game. You haven't see the effects yet.
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Originally Posted by Texpat I realize you're anxious for any opportunity to witness America crumble, but please be patient. Your alarmist cries are a bit premature. |
As much as I believe that America is a fucked up society, a belligerent enemy NK style, it's still the best place for business which is probably why it's so fucked up socially.