GOLD up futures down, banks down.
At least until the PPTeams kick in.
The simple answer to all this economic gloom is "Give the people more money".
Its simple, wages go up then spending goes up, company profit goes up, whether that is services or products matters not. It starts at the bottom, people spend more all companies profit including the government coffers eventually.
Welfare is no different. Every dollar that anyone on welfare gets goes straight back into the economy which goes into small medium and large business eventually. Small business gets a dollar they order more materials or products and so on up the line.
If we had a government that was working for the people and not big multi national corporations this would work. Sadly the government keeps wages depressed and wants to give our money to big corporations. Now they want to carry on with this FTA BS again and the end product of a lot of this is that big business will be able to sue government if they make laws that adversely affect their business. This really means that eventually corporations will openly make the laws.
