Société Générale warns of upcoming global economic collapse

Politics 3 replies 647 views
Cleveland Buck's avatar
Cleveland Buck
Posts: 5,126
Nov 20, 2009 6:52pm
http://www.telegraph.co.uk/finance/economics/6599281/Societe-Generale-tells-clients-how-to-prepare-for-global-collapse.html

One of the largest financial services companies in Europe. They must be right-wing doom-and-gloom radicals. Nothing to worry about. Let's hurry up and put socialized health care on the nation's credit card. The bill will never come due.
G
Gobuckeyes1
Posts: 497
Nov 21, 2009 7:22am
If this comes to pass, it has certainly been a "team" effort. Nobody has been fiscally responsible for about 30 years now, so blaming socialized medicine for this would be pretty disingenuous.
Cleveland Buck's avatar
Cleveland Buck
Posts: 5,126
Nov 21, 2009 11:54am
Did I blame it on health care? And your argument is that the world helped build the fire, so we should just keep pouring (trillions of gallons of) gas on it rather than see if it can be put out?