Economic Downfall?

by **XHunter** » Mon Oct 06, 2008 2:04 am

Well I don't know how it would screw us over since not only would working people have their debt wiped clean, but so would the businesses. But I can agree that there has to be a more "Sure Fire" way to deal with this. Like I said, I don't claim to be someone with the right answer to solve this problem. I'm just like everyone else thinking up "possible" ideas. Besides, I don't see anyone else coming up with any ideas. Everyone else seems to be complaining more then trying to find a solution.

From what I understand of the economy, its pattern is not much different then that of AC (Alternating Current). The economy starts out low and then evens out in the middle. It proceeds to rise higher and stops at a peek, then it goes back down to the bottom again and starts all over (Correct me if I'm wrong with that if you know anything about the economy).

by **matt13346** » Mon Oct 06, 2008 9:47 pm

I know that you're coming up with ideas X... but I can safely say that wiping out all our debts in a certain amount of time just won't do. Despite us being an independent country, our money does go to other countries and such, that will most likely not abide to the "wipe out debts clean every *enter amount of years here*"

It just wouldn't work if you ask me

by **XHunter** » Mon Oct 06, 2008 9:56 pm

Is everyone missing the part where I said it was just an idea and that I have no "educated" knowledge of how the economy should be fixed? lol, I guess people half read my posts T_T

I guess you could say that one problem with our economy is that there are a lot of people who believe that the governments owns them a living who take out loans with no intent of paying them back. Of course those people make the people who work hard and are trying to pay back loans look bad.

Economic Downfall?

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