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freshwest

(53,661 posts)

8. Recesssions are so profitable they're engineered as often as possible.

Reply to xchrom (Original post)

Fri Feb 22, 2013, 05:30 PM

Feb 2013

The great fortunes of today were made during those periods, it's like the motherlode of profit taking we accept everyday. We have to find a better way to run things outside this practice or millions will suffer and demagogues and theocrats will rule us. Which is the best way of accumulating wealth for centuries.

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Highlight:

Will Pete Peterson’s Half a Billion Bucks Buy a New Recession? [View all] xchrom Feb 2013 OP

Incredible new info. Tons of background research like who's behind Simpson and Bowles hedda_foil Feb 2013 #1

+1 xchrom Feb 2013 #2

k/r marmar Feb 2013 #3

More on Pete Peterson and the "Fix the Debt" gang - Pete Peterson Pyramid ProfessionalLeftist Feb 2013 #4

Wow! Thanks very much. hedda_foil Feb 2013 #5

Yeah, that's pretty awesome. I especially liked that bottom one...... socialist_n_TN Feb 2013 #9

We are screwed! newfie11 Feb 2013 #6

dooosh extraordinaire! tk2kewl Feb 2013 #7

Recesssions are so profitable they're engineered as often as possible. freshwest Feb 2013 #8