http://www.dailyreckoning.com.au/worldwide-inflation/2007/08/28/ An independent perspective on the Australian and global investment markets Sun, 08 Nov 2009 03:43:55 -0600 http://wordpress.org/?v=2.8 hourly 1 http://www.dailyreckoning.com.au/worldwide-inflation/2007/08/28/comment-page-1/#comment-3077 Mireille Tue, 28 Aug 2007 20:13:47 +0000 http://www.dailyreckoning.com.au/worldwide-inflation/2007/08/28/#comment-3077 I WOULD JUST LIKE THE WORLD OF NORMAL PEOPLE WHO ARE BLAMING THE US FOR THEIR LOWER STANDARD OF LIVING SINCE THE SUBPRIME DEBACLE TO KNOW THAT AMERICANS ARE PEOPLE JUST LIKE THEM. FOR THEIR BANKS TO INVEST SO HEAVILY IN US(PEOPLE) IN THE SPIRIT OF GROWTH THROUGH GLOBALISATION, A HARD LESSON IS LEARNED. YOU CANNOT SECURITIZE PEOPLE, NO MATTER HOW MANY LAWS YOU MAKE TO THE CONTRARY. BAD LENDING IS THE REASON YOU ALL SUFFER. BAD LENDING BY THE PEOPLE YOU TRUST, THE BANKERS. PERHAPS WE SHOULD PUT SOME SORT OF HALT ON GLOBALISATION, THEN EACH COUNTRY WILL HAVE THEMSELVES TO BLAME FOR THEIR MESSES. I WOULD JUST LIKE THE WORLD OF NORMAL PEOPLE WHO ARE BLAMING THE US FOR THEIR LOWER STANDARD OF LIVING SINCE THE SUBPRIME DEBACLE TO KNOW THAT AMERICANS ARE PEOPLE JUST LIKE THEM. FOR THEIR BANKS TO INVEST SO HEAVILY IN US(PEOPLE) IN THE SPIRIT OF GROWTH THROUGH GLOBALISATION, A HARD LESSON IS LEARNED. YOU CANNOT SECURITIZE PEOPLE, NO MATTER HOW MANY LAWS YOU MAKE TO THE CONTRARY. BAD LENDING IS THE REASON YOU ALL SUFFER. BAD LENDING BY THE PEOPLE YOU TRUST, THE BANKERS. PERHAPS WE SHOULD PUT SOME SORT OF HALT ON GLOBALISATION, THEN EACH COUNTRY WILL HAVE THEMSELVES TO BLAME FOR THEIR MESSES.

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