« Obama: Just Want To Let Everyone Know I'm Not Going To Nuke You | Main | Obama's No-Nukes Policy: Hungry for "Accomplishments" »
April 06, 2010

Racist teabagging Reich schulen über Geschäft Geschäft Rezension [1]: The "recovery" is phony.

Fear not comrades, "re-education teams" have already been dispatched to deal with this vile nest of counter-revolutionary traitors and racists.

Japan provides a glimpse of what may lie ahead for the U.S. Although Japan once enjoyed famously high savings, the rate fell as asset prices climbed during the country’s great stock and real estate booms. After the collapse in 1990, the savings rate rose for about a year before resuming its downward trend. Japan entered the Lost Decade and has since drifted in and out of recession.

Where does all this leave corporate America? With a lot of domestic consumers who can’t afford as much stuff as before. They’ll be maxed out on loans, they won’t be able to borrow as much against their homes as they once did, and many of the high costs that precipitated the financial crisis, such as energy-related expenses, will continue to eat away at their funds.

Hopes for a real recovery will fade. Increased lending will lead to decreased savings, and the cycle will start again. If the savings rate fails to stay high enough long enough for consumers to pay off debts and save up real spending money, notes Gregory Brown, the economy will “end up treading water for years.

The scary charts and supposed reasoning these treasonous Harvard scum reference are of course all lies cut from whole cloth, reeking of a fetid putrescence even a decaying whale can't match. Have faith. Maintain your resolve. The new age of prosperity is almost upon us!

[1] Harvard School of Business, Business Review


digg this
posted by Purp at 12:15 PM

| Access Comments

Recent Comments
Skip : "Sass getting into the Clinton/Lynch meeting ..."

Lancelot Link Secret Agent Chimp : "Ted should have had his doppelgänger College b-bal ..."

DanMan: "Sasse bringing up Obama's lying about Clinton's se ..."

Blake - used bridge salesman: "Kimmel is probably a better basketball player than ..."

TheQuietMan: "Did Dimmy play the game dressed up as Karl Malone ..."

Krystal Slider Enthusiast : "sure, according to the old rules, talking to witne ..."

josephistan: "One day you're swilling beer & watching chicks jum ..."

steevy: "British judges the most retarded in the world?:Wit ..."

The Great White Scotsman: "Who cares? ..."

Eustace Haverkamp: ""Did you spend more time practicing basketball tha ..."

Under Fire: "CTH commenters are grasping at any straw they can ..."

rd: "What a gracious loser. /s ..."

Recent Entries

Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64