Generational Dynamics Forum - New Site

So, to sum up this thread, this whole financial crisis was caused by the government.

Is my understanding correct?

I did not find anywhere that Allied tried to cancel Germans debt or to help its currency, but quite opposite - Allied tried to press Germany even more, which cause economic and financial collapse of the country - which on the other side "born" Nazi movement. see: http://en.wikipedia.org/wiki/Lausan...

"The reason you touched a nerve is because I know your type -- the criticizing, whining and complaining Boomer or Gen-Xer who has accomplished nothing but constantly expresses contempt for anyone else." John, I stopped reading here. I'll not visit your forum again. ...and nothing of value was lost.

Democrats will likely win 2008, since the last few Republican administrations were viewed with increasing contempt as the younger generation started to have more say in matters, especially on issues such as the Iraq war, and the older generations have been dying off. But the Democratic administratio...

"Zimbabwe and Weimar: The government printed enormous amounts of money, deflating the currency, and there was no credit bubble to counterbalance it. You can think of the $700 billion bailout as being similar to "printing money," but it's tiny compared to the tens or hundreds of trillions of dollars...

Gordo wrote: If we get a real crash, I will have plenty of powder left to scoop up true bargains.

Yes, but will you know when to buy? There are many false recoveries in a true Depression.

I think this quote is pretty relevant:

In appearance it is very powerful but in reality it is nothing to be afraid of; it is a paper tiger. Outwardly a tiger, it is made of paper, unable to withstand the wind and the rain.

Oh yeah, and at the time of the Great Depression the American government confiscated all gold from its citizens.

I hope you guys know what this implies.

Yes but people won't have money to buy gold

I thought gold and silver were going to devalue?

EDIT: damn, i mean go down in price