Comments on: Gold Investments Market Update - Credit Crisis to Escalate on Credit Derivative Debacle http://blog.goldassets.co.uk/2008/06/24/gold-investments-market-update-credit-crisis-to-escalate-on-credit-derivative-debacle/ the official goldassets.co.uk blog Thu, 20 Nov 2008 13:36:27 +0000 http://wordpress.org/?v=2.6.2 By: Ed Murphy http://blog.goldassets.co.uk/2008/06/24/gold-investments-market-update-credit-crisis-to-escalate-on-credit-derivative-debacle/#comment-221 Ed Murphy Wed, 25 Jun 2008 10:22:27 +0000 http://blog.goldassets.co.uk/?p=141#comment-221 Tom I think you make a good point. Max Keiser thought the rebates were so useless he recommended burning them, which would at least reduce the money supply somewhat. I wrote about it on our blog here: http://blog.goldassets.co.uk/2008/04/29/max-keiser-why-you-shouldnt-spend-your-stimulus-check/ Tom
I think you make a good point. Max Keiser thought the rebates were so useless he recommended burning them, which would at least reduce the money supply somewhat.

I wrote about it on our blog here:
http://blog.goldassets.co.uk/2008/04/29/max-keiser-why-you-shouldnt-spend-your-stimulus-check/

]]> By: Tom Lowe http://blog.goldassets.co.uk/2008/06/24/gold-investments-market-update-credit-crisis-to-escalate-on-credit-derivative-debacle/#comment-220 Tom Lowe Wed, 25 Jun 2008 10:16:59 +0000 http://blog.goldassets.co.uk/?p=141#comment-220 Quote from article: <em>"Falling property values, rising unemployment and higher food and fuel bills have shaken consumers and may cause purchases to slump once the rebate money is gone. This raises the risk that Americans will retrench after spending their tax rebates."</em> The stupid worthless tax rebates have done absolutely nothing for the consumer economy. I wish writers would start either ridiculing it or ignoring it completely, because it has done absolurely zip for anyone. It was just a typically stupid bushco PR stunt. Quote from article:
“Falling property values, rising unemployment and higher food and fuel bills have shaken consumers and may cause purchases to slump once the rebate money is gone. This raises the risk that Americans will retrench after spending their tax rebates.”

The stupid worthless tax rebates have done absolutely nothing for the consumer economy. I wish writers would start either ridiculing it or ignoring it completely, because it has done absolurely zip for anyone. It was just a typically stupid bushco PR stunt.

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