spentagn
New member
Norman Bates said:The current economical depression is due to the war and to the inet economy bubble bursting.
Once that war is over investors will invest again and unemployment will sink (if the war is short and Saddam doesn´t torch all the oil fields)
The depression isn't due to the war. It started long before, when Greenspan decided to overly constrict the monetary supply. The overvaluation of tech companies and other factors have helped weaken investor confidence, though.