tag:blogger.com,1999:blog-10215785.post2671098551696192820..comments2023-10-30T03:54:47.110-07:00Comments on The Chief Brief: The Stupidest Housing Crash IdeaJames B.http://www.blogger.com/profile/01475924582753322002noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-10215785.post-23791718376347331112008-10-31T10:20:00.000-07:002008-10-31T10:20:00.000-07:00A recession is technically defined as 2 quarters o...A recession is technically defined as 2 quarters of negative GDP growth, as of this week's announcement, we have (barely) had one. It is usually one of those things that is not identified until it is over.<BR/><BR/>The housing crisis not caused by free trade or deregulation, in fact it was bad government regulations that contributed towards it. You might have a point as far as immigration, in the sense that many of the subprimes were given to illegal immigrants. Good luck with your indepedent movement, but I am still sticking with my friends Adam Smith and David Ricardo.James B.https://www.blogger.com/profile/01475924582753322002noreply@blogger.comtag:blogger.com,1999:blog-10215785.post-40743553769609287612008-10-31T04:06:00.000-07:002008-10-31T04:06:00.000-07:00We're in a recession, dude. Moreover, the economi...We're in a recession, dude. <BR/><BR/>Moreover, the economic growth of much of the late 90s and early 2000s is not based in anything other than financial manipulation and real estate value. <BR/><BR/>Face it, the elitist Republicans you love and the bankers' Democrats have sold us out to free trade, free immigration, and deregulation. We are going to the poorhouse. Get it in your head and get independent!Thomashttps://www.blogger.com/profile/00573214747452132277noreply@blogger.com