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QUITTNER (no login)
Posted Feb 6, 2009 10:28 AM
It will get worse for a time, but eventually (when?) the bottom will be reached, and from then on things will get better, and better.
..... It seems that the economic/money system we have includes structural instability, with good times followed by bad times and vice versa. I am reminded of the biblical story of Joseph in Egypt who during the GOOD years saved up a lot of food that later on, during years of famine in other countries, helped him not only to provide enough food for his own country's population, but even to sell some food to others (at very high prices?).See
http://en.wikipedia.org/wiki/Business_cycle
http://en.wikipedia.org/wiki/Kondratieff_Waves
..... also see some of the many references, further reading suggestions, and the external links listed.
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