http://www.switched.com/2009/05/23/technology-key-to-ending-recession-says-bill-gates/ Switched Comments for Technology Key to Ending Recession, Says Bill Gates http://www.switched.com/media/feedlogo.gif http://www.switched.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/http://www.switched.com/2009/05/23/technology-key-to-ending-recession-says-bill-gates/http://www.switched.com/2009/05/23/technology-key-to-ending-recession-says-bill-gates/AIG insuring 53 trillion dollars of credit default swaps will bring down the house and our government and there is nothing anybody can do about it. There wasn't one penny put up to insure the latest and greatest tool for hedge funds to suck up mortgage backed securities that were sliced and diced and repackaged into explosive and toxic packages. Great Britian is now in a negative worth position with debt greater than GDP. The USA is only 18% away from achieving the same distinction and our debt is climbing fast. Why did Edward Liddy resign his $1 a year post to help America deal with the AIG mess? IMO, he found out that AIG won't be able to repay the 180 billion TARP money and will probably go back to the government for billions, if not trillions, more. He didn't want to be the guy who said, "AIG cannot repay the governement loan." As Americans have a short memory span and he was only at AIG since September 2008, he did want that noose around his neck. We are done! Toast! Every man and woman for himself.
]]>May 23rd 2009 9:37AMhttp://www.switched.com/2009/05/23/technology-key-to-ending-recession-says-bill-gates/http://www.switched.com/2009/05/23/technology-key-to-ending-recession-says-bill-gates/May 23rd 2009 1:38PMhttp://www.switched.com/2009/05/23/technology-key-to-ending-recession-says-bill-gates/http://www.switched.com/2009/05/23/technology-key-to-ending-recession-says-bill-gates/May 24th 2009 7:04AMhttp://www.switched.com/2009/05/23/technology-key-to-ending-recession-says-bill-gates/http://www.switched.com/2009/05/23/technology-key-to-ending-recession-says-bill-gates/Gate's software & technology eliminated millions of jobs in every facet
of our lives.
We are more efficient at producing everything. GM went from 300,000 jobs
to 30,000 jobs through technology & automation.

We have too many people & not enough jobs. It's a simple equation.
We'll have to "make jobs" for people or they'll wander the streets & sleep in their shoes and all our lives will be diminished.]]>May 24th 2009 7:07AMhttp://www.switched.com/2009/05/23/technology-key-to-ending-recession-says-bill-gates/http://www.switched.com/2009/05/23/technology-key-to-ending-recession-says-bill-gates/
]]>May 24th 2009 8:27AMhttp://www.switched.com/2009/05/23/technology-key-to-ending-recession-says-bill-gates/http://www.switched.com/2009/05/23/technology-key-to-ending-recession-says-bill-gates/daily human needs and life standards, most mankind nor humanity capabilities and ability will be left behind. Economies knows the yearly whole world budget that circulate and navigate currency worldwide, including human numbers to sustain and if we neglected arithmatically the combination of this, then we are always in chaos whatever innovation nor technology we discover..."
" Richness atfront just for statue won't contribute to humanity if you just kept it aside for it cause sufferings to most or all'th itself..." Keep the money moving forward honestly for the benefit of everybody and you will see the difference and solutions of this mess.God Bless]]>May 24th 2009 8:49AM