tag:blogger.com,1999:blog-8543388.post5723615660207675967..comments2023-12-22T04:23:23.229-08:00Comments on CONTRARIAN ADVISOR MARKET COMMENTARY: LEND ME A HAND BROTHERMarc Rhttp://www.blogger.com/profile/12875839439615683342noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8543388.post-350067811331980022007-08-23T07:36:00.000-07:002007-08-23T07:36:00.000-07:00For the avg person, I guess we no longer have to w...For the avg person, I guess we no longer have to worry about bank runs like the old days, nobody has any significant money in them. The fed has to keep the the credit expansion going one way or another. Its not going to be enough to save the system with out drastic reduction in goverment spending and offshoring. Once a US company moves offshore, their contribution no longer leads to GDP, but rather adds to a the trade defecit. Mostly all of the employment being generated in the US is service oriented and low paying, and the US has limited manufacting as it is. Couple that with the hidden inflation tax to keep this system going doesnt leave much meat in the stew.Anonymousnoreply@blogger.com