I must say, I actually see a different picture, i think and i hope – the first step is you need to be able to get loans again in america, every country , like countries survive on their banks.
But of course you need to be able to repay the payments of course because thats how the GFC was cause but it was caused ideally because of these small financial groups giving outloans left right and centre of the back of yields ,
How America rebuilds is shut down lending almost completly to the small dogy loaners, and pump up confidence againt your big main banks , its the only way it can be done.
I mean economics began from the first bank ever created giving out loans, some people some of the richest people in the world intern live off ongoing credit of their wealth and life
to bring america back , and i believe it get rid of the dogy loaners , with such high interest, see the big banks got greedy thats what happend they got so greedy, then it opend up these small dogy lenders to give out so high interest loans which they intern were getting re imbersing from banks ect became a circle that crashed.
u american government needs to crush theese small high interest lenders lift the big banks have only a few main banks you get loans with with some leadway to give loans too start ur businesses , to import products to sell to create yoru great innovations.
it all starts and ends with lending, online had alot to do with it aswell can go online and get a high interst loan you america have to get rid of high interest loans to desperate people then the government makes a deal with the main big banks to support give some leway to small business to lend again.
then america can rebuild, yet i didnt hear that in the election, to me its simple though i did study some economics and done a stock brocking course.
yet wouldnt call myself an expert, your in america can you go get a high interest loan today tomorrow?
thats what happend infact in a way its not the big banks fault cause the government allowed so many of these high interest loans to despearte people, that the big banks said okay , well what hte hell were not lending either were gonna be tuff to caus e wehave to reemburse the small dodgy loaners praying on desperate people
and thats where it collapsed,
i mean if i lived in america , i would be forming a party with signs ( to walk along the streets destroy the high interest loans) and we will go back to the big banks
destroy high interst loans and we will go back to the big banks thats what tanked yas, you have to stop it online aswell.
Infact I’d love to do it right now but i’m not in america if obama sees it maybe it will click, some of the top economisits still dont see the problem .
they havn’t worked in a bank they dont know how banks think
I would put money on u crush these high interest loaners, the big banks will begin lending again ,
then the stysem rolls again cause the big banks loans will be low interest governmetn backs the major banks
ur businesses run again.
dont know why he was talking about solar power technology isn’t there yet he’s better of going wind power atm,
and thats not goin to impress the banks eiether u just need to cut out these high interst easy 5,000 finance loaners ,
the crash was actually based on all these online and offline easy finance companies 5,000 loans at high interst brought down a country.