The 2007 Subprime Mortgage crisis

Discussion in 'Economics & Trade' started by stan1990, Mar 7, 2019.

?

Do you think that the stimulus package was the right step to save the global economy from the recess

Poll closed Apr 6, 2019.
  1. Yes

    33.3%
  2. No

    50.0%
  3. Maybe

    16.7%
  1. james M

    james M Banned

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    Gibberish because your english is so bad i can't understand it. Why is the liberal so afraid to try again?? what does your fear teach you??
     
  2. james M

    james M Banned

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    Dear, liberals started using the name progressive when liberal became a bad world.

    By David Sirota
    What’s the Difference Between a Liberal and a Progressive?
    10/19/2005 10:54 am ET Updated May 25, 2011



    I often get asked what the difference between a “liberal” and a “progressive” is. The questions from the media on this subject are always something like, “Isn’t ‘progressive’ just another name for ‘liberal’ that people want to use because ‘liberal’ has become a bad word?”
     
  3. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    When interest rates lower, asset prices become inflated.

    When interest rates are lower, insurance companies have to raise their premiums to offset the fact that their rate of returns on the investment pool are lower.
     
    Last edited: Jul 25, 2019
  4. james M

    james M Banned

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    Econ 101: when Volker raised interest rates to 20% inflation fell to 3%. Why not try college; they teach you things there!
     
  5. crank

    crank Well-Known Member

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    Exactly - 2005. That's about the last year that Leftists were actually liberal. It's been a downhill regression ever since - with a galloping plummet in the past 5 years.
     
  6. james M

    james M Banned

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    yes and whats the different between a liberal, progressive, and socialist? Not much which is why they are all happily in the Democrat Party.

    Norman Thomas ( socialist presidential candidate)
    "The American people will never knowingly adopt Socialism. But under the name of 'liberalism' they will adopt every fragment of the Socialist program, until one day America will be a Socialist nation, without knowing how it happened."

    Lenin: "The goal of socialism is communism"
     
  7. crank

    crank Well-Known Member

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    massive differences. they can call themselves anything they like .. but few on the Left are still liberals - and almost NONE are socialists. they're flaming capitalists who prefer to see the profits of free enterprise spent on 'social programs'. That doesn't change a thing about their flaming capitalism.
     
  8. james M

    james M Banned

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    don't get it?? Under capitalism taxes have to be low. When govt is spending or allocating all or a lot of the money you no longer have capitalism, let alone flaming capitalism.
     
  9. crank

    crank Well-Known Member

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    Social programs are reliant upon capitalism for their funding. They're a 'luxury item', only afforded by the very robust capitalism of the First World. They have NOTHING to do with socialism.
     
  10. crank

    crank Well-Known Member

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    Can't argue with that. But none of these First World democracies are ever going to be able to do Socialism - once we became 'rich and free' we lost the capacity to live collectively and cooperatively.
     
  11. kazenatsu

    kazenatsu Well-Known Member Past Donor

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    3% wasn't that low at that point in the economy. There had already been lots of inflation (housing inflation) over the course of the housing bubble, so further inflation was going to take a temporary hiatus.
    Furthermore, your observation doesn't mean anything because temporary lowering of interest rates won't immediately cause inflation to be seen.

    You obviously don't understand Econ 101.
    Otherwise you wouldn't have made that post.
     
    Last edited: Jul 27, 2019
  12. james M

    james M Banned

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    Why then so afraid to tell us the most obvious error in the post?? What do you learn from your fear?
     
  13. james M

    james M Banned

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    how then do you explain that all the Democratic presidential candidates are socialist and it polls better now that ever in our history?? Also, just read an article about a law school that invited a conservative to speak. Its caused panic and rioting, even in a law school where debate is the order of the day. Socialism is now a deeply embedded cancer spreading everywhere.
     
    Last edited: Jul 27, 2019
  14. stan1990

    stan1990 Active Member

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    Liberal and conservatives intervene in 2007/2008 crisis
     
  15. james M

    james M Banned

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    Capitalism is self-correcting so there would have been no crisis in 2008 if we had had capitalism. It was the massive liberal intervention that caused the collapse. Wonder why East Germany USSR Red China Cuba Venezuela collapsed. Well now you know. Isn't learning fun??
     
  16. stan1990

    stan1990 Active Member

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    Governments like in Venezuela spending a tremendous amount of money on military and security to keep vigilance eye on U.S attempt to overthrow them by the mean of force. China is doing great and didn't collapse. Cuba is sieged for a long time by now. I mean the cold war is over, the Soviet Union collapsed, why U.S foreign policy is still very aggressive? Again, Cuba as an example. Well, now you know. Isn't learning fun?
     
  17. james M

    james M Banned

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    so??? liberal's always say it was spending on military that got us out of Great Depression. So military spending should have helped Venezuela too??
     
  18. james M

    james M Banned

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    China is doing great now that it has switched to capitalist economy. When it was socialist 60 million slowly starved to death.
    Here are some books to read to get you up to speed on Chinese capitalism:

    "Capitalism With Chinese Characteristics"

    "How China Became Capitalist"

    In his new book titled Markets over Mao: The rise of private businesses in China, Lardy argues that even though SOEs still enjoy monopoly positions in some key sectors in China, such as energy and telecommunications, their role in the overall economy has diminished significantly over the years
     
  19. james M

    james M Banned

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    sieged??? so were it not for being "sieged" Cuba would be showing the world that communism works??
     
  20. james M

    james M Banned

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    Dear, you clean forgot to tell us what Cuba is an example of ?? The only island concentration camp in human history where the govt will kill you for owning or building a boat?? What?? I'm begging to fully display your liberal IQ here!!!
     
  21. crank

    crank Well-Known Member

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    Oh THAT? They just use the word .. they have no clue what it means. They're all hardboiled capitalists, make no mistake. Not a one of them would likely survive a week as a genuine collectivist.
     
  22. stan1990

    stan1990 Active Member

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    You need serious help. Do you have an idea what are you talking about?
     
  23. stan1990

    stan1990 Active Member

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    exactly
     
  24. stan1990

    stan1990 Active Member

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    You claimed that China collapsed. You are lying.
     
  25. stan1990

    stan1990 Active Member

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    Are you serious? What about spending money on education? The American economy is the economy of war. I don't believe that it sets a good example for other countries.
     

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