TSX:CRW.UN - Post by User
Comment by
shapeshifteron Aug 21, 2011 12:45am
159 Views
Post# 18964313
RE: NR.Board shake-up
RE: NR.Board shake-up Let's see what they come up with. They burned a ton of cash to pay off $30 mill. Still sitting on the 90$ mill owed. I sure hope they get some revenues coming in the next 6 months....
Sure feels like another ecession is just around the corner. Much worse this time as they don't have all the governments able to spend on stimulus this time around. Even the USA may not be able to afford trillions of stimulus over the next 3 years.
Just to shock you. Take a look at this web site. Not driven by Dems or Repubs. I believe it is loosely connected with the Congressional Budget Office. I've linked to the 4 years from now version.
Take a look at the right side. It shows 78 million on "food stamps" out of a population of 325 million. That's way way too high for my tolerance. Also there's less than 2 workers for each retired person. The ratio was more than 3 to 1 as recently as year 2000.
Plus the huge wave of "baby boomers" is just starting to retire. Hello major health care costs! Plus pensions etc.