Posted by Cue P. on March 16, 2009 at 18:59:09 from (174.152.121.121):
In Reply to: Re: O/T Recession posted by dhermesc on March 16, 2009 at 09:43:00:
where do you think companies who make tires and clothes and such get their money?? the whole basis of a capitalist society is at wall street. if companies dont have money to use (which comes from people investing in their companies) then the have no money to invest and grow their businesses. One of the reasons so many layoffs is the capital these guys once had has disappeared (from the the stock market diving, which dove due to invester apprehension, which occured due to the thought that the investor will have less money to begin with and will have less money after investing since his taxes are going up) Otherwise we would be in a utopian socialistic society where i trade you a chicken for your potatoes. i doesnt work - just ask a russian.
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