On Wed, Sep 17, 2008 at 11:07 AM, Gruss Gott <[EMAIL PROTECTED]> wrote:

> Hey Cam - serious question: do you feel uncertain of what caused this
> economic crisis and what the "steady-state" solution is?


Out of control government spending with no reciprocating sources for
replenishment, including the outrageous outlay of funds for the Iraq and
Afghanistan conflicts, coupled with the economic pressures of the tripling
of the price of oil in a relatively short amount of time, coupled with risky
lending practices that practically guaranteed already stretched borrowers
would default when the aforementioned stresses came to bear....

I'm an economic idiot, but it would seem that it's a combination of factors,
including these, that could be considered "causes" of the current economic
crisis.

Don't know what the solution is...let the system sort it out, and ride it
out as best we can in the meantime?

-- 
When did Motley Crue become classic rock?
And when did Ozzy become an actor?


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