paohenlee

US economy can plunge even more

whats wrong with the US government.. they'r not trying to solve the problem.. and instead.. just trying to cover it up using other people's $$ and hope that the economy will regain strength

funny..
last time i checked.. borrowing $ and pour it into a big hole will not solve any financial crisis
they don't want to tackle the fundemental flaw of their 'financial' system.. and instead.. just claimin that they will throw in XXX billions of dollars into the bankin industry and hoping they will regain trust and lower interests rates...

IT DOES NOT WORK LIKE THAT

oh my god..


global financial depression...

panamax

actually, this kind of problem has been flooded all over
the US and also in Euro. basically, it is not only the fault
of governments' policy but also due to the bankers' greedy
appetite and bloody competition environment they got to
deal with in this way.

but finally, the truth is all the innocent citizens suffered by
the storm they created. and they?  they took all the profits
and benefits away from their office and wait to start another
one to make their own fortune.

that is what we called them 'experts', 'masters', 'genius'......
in the old days. and they have been proved just as some
of the frauds and nothing else...........

paohenlee

sigh..
the sad thing is... you are absolutly correct on this one...
the bankers...

remember the housing market boom few years back?
back then, they came up with all these 'special financing' and 'low interests financing' plan to attract more people borrowing much more than they can afford to buy houses
you could buy a house with 10% down, 5% down, 0% down, or.. better yet.. you can even do -5% down to start your home!
-5%!!
thats what.. that like saying..
"ok.. i don't care right now if u have $ or not.. but i just want your business.. i'll even give you back $, so that you can pay your closing costs and all those fees.. BUT.. remember.. i just want your business and lend you $"
and.. now.. since the interests rate jumped higher..
people start to feel the pain of those $ that they borrowed..
sigh.. and.. at the end..
just like you said.. its all those 'experts' who came out as winners to this entire game

panamax

so...... those players on the table keep playing the dirty game under the table

but we, the innocent clients (or to be called 'followers') or..... even none of them,
have to carry the damn heavy burden together for them.

it just reminds me an old song.......... smoke gets in your eyes

and I got to say,

MONEY GETS IN THEIR EYES
but SMOKE GETS IN OUR EYES

paohenlee

hahahhahaha

you have a point!
lol..

all the time... always the small and inicent people ended up suffering from the depression... and.. we have to pay for the price..
sigh..

老鼠愛小米

Come here learn English like, don't know to welcome ?

paohenlee

hi~
welcome welcome

i'm just very depressed about the global economy.. and wants to let out some of my anger

老鼠愛小米

引用:

原帖由 paohenlee 於 2008-10-10 21:48 發表 訪客無法瀏覽此圖片或連結，請先 註冊 或 登入會員 。
hi~
welcome welcome

i'm just very depressed about the global economy.. and wants to let out some of my anger

Thank your  Henry

But who to manage the economy in management Taiwan ha..ha.....

paohenlee

sigh..

you are asking a very tricky question
i don't know.. and i don't think any one knows..

sigh... i wish i know the answer

panamax

but anyway
it might be a chance to lead us
to a right way from now on