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Old 06-28-2009, 04:35 PM   #16 (permalink)
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There is too much that the us have to do to turn it around
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Old 07-03-2009, 08:58 PM   #17 (permalink)
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Quote:
Originally Posted by BusinessAdviser View Post
It's all cyclical. How to turn it around? Sit back and watch.
Amen. Finally someone with some common sense/knowledge of the economy.
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Old 07-17-2009, 12:21 AM   #18 (permalink)
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Start doing entrepreneur education at school. Stop paying massive amounts of money into a black hole.
Go back to what your founding fathers stood for, freedom of choice, opportunity etc, i don't believe any of them would be happy seeing the way the US is going at the moment.
Bailouts will never work, the way forward is innovation and entrepreneurship.
Regards from New Zealand
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Old 08-19-2009, 06:46 PM   #19 (permalink)
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Is Recovery Coming or is it a Bandage

Look everyone here is hoping to make money online.Many of you are just learning how to make money online and are now into social Networks. Or you're your learning how to rank a website on the fornt page of whatever Google category you're looking to make money online.
My point is most people are more concerned about making money, and making money online, than you are worried about the ecomomy.

Here I'll prove my point...for the country to recover, people have to start spending money. And yes the little guy as well as the top dog billionaire.
You can't just be worried about making money, you have to spend money.
We can all sit online and dream about making money online. But, in the real world we must start to have a little faith and start spending.
If everyone went out and spent a few bucks everyday for a couple months, things would start to change quickly.
I already can see some recovery.....but....is it a solid?.....or is it a bandage?
You decide......
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Old 08-27-2009, 09:11 PM   #20 (permalink)
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Social Entrepreneurship or Triple Bottom Line is the ANSWER for America not Obama Socialism! That is why I have devoted over a year learning how to develop a Social Enterprise business like my dome manufacturing business.

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Old 08-28-2009, 01:03 AM   #21 (permalink)
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It is not a easy thing to turn around the economy. Time will change everything.
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Old 09-06-2009, 01:03 PM   #22 (permalink)
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The best way is cost cutting and stopping money flowing into the hands of super rich bankers
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Old 09-07-2009, 04:26 PM   #23 (permalink)
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Quote:
Originally Posted by BusinessAdviser View Post
Yes we would. Even in a completely free market, cycles happen. Look at what happens during Christmas. It's cyclical. The government manipulating it is a big problem, but that's not the cause of the cyclical nature.
I disagree and history does as well. The economy moved at a very slow growth before the creation of the Federal Reserve in 1913. Before that the free markets determined the cost of money (ie interest rates) and gold was the basis of our money. There were no cycles pre-1913, at least not of the magnitude we have seen in the past century.
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Old 09-07-2009, 04:36 PM   #24 (permalink)
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The problems with our economy run very deep. There is a serious philosophical problem growing in the US (and has been for about 100 years) that has created an entitlement mentality. In 1850, if you didn't have a job, you were homeless and hungry. Today, we take care of you. To some extent, we incentivize you for not working. Republicans and Democrats alike are grabbing power with every opportunity. As we speak, the government has nationalized the banking industry, the auto industry, the insurance industry, in some ways the real estate industy, and the healthcare industry and soon to be gaining significant ground here. In turn the government has creating social programs to ensure that complete failure is impossible. But by doing so, the productive people in the society are paying for it. We have strayed very, very far from the constitution and the original intent of our founding fathers. There are some movements in place to try to right the ship, but it is hard to slay the beast at this stage. I fear we are going the way of the Roman empire. I truly hope I am wrong.
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