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» Did No New Taxes Crash The Market?
Did No New Taxes Crash The Market?
Why may be the Stock Current market Crashing?
Could it be traders across the globe fully grasp that The united states has no new profits to help you spend the outstanding unsecured debt?
If a homeowner lost their career, that house owner would nevertheless require funds to fork out the charges. The home owner would alter to their new dwelling affliction and quit spending for less essential things. To put it differently, "Spending Cuts." When the property owner is not able to locate a career, then that particular person would really need to borrow cash to shell out the bills. If that individual nonetheless has not observed a position, the loan providers will halt loaning them capital. Traders, who could have invested prior to now, might experience that their funds will not be secured and halt investing.
America's position was taken absent. All of the renters that make billions of bucks live inside the house (place) without cost. The billionaires take their dollars, assemble new jobs overseas, and brag about how they didn't fork out anything at all in taxes.
Meanwhile, America has no new earnings coming in to spend the payments as well as earth is laughing at us. China is rising like a tremendous power. They can be exhibiting their dominance by downgrading America's fantastic credit rating, and they are just waiting around to the region to default.
America is dying. The individuals of America ought to stand up and vote for educated politicians to run the home. The whole Planet will depend on us for being their leader.
America requirements new earnings to survive. My problem is, wherever may be the new revenue coming from?
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Date: Sat, 6 Aug 2011 -
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