Kunst

How the U.S. Financial Crisis Resembles Japan’s 'Lost Decade' - And How to Play It, Part II

beans: "I see so many dire predictions lately that it leads me to believe many people actually want these horrible things to happen"

When you tell a friend that out-of-control spending is going to wreck his life, does that mean you want it to happen?

How the U.S. Financial Crisis Resembles Japan’s 'Lost Decade' - And How to Play It, Part II

investor2: "Last time I checked the US was still the leader in Tech."

Keep a careful eye on that. We have outsourced our manufacturing, at increasingly higher levels (e.g., design). Along with that goes a lot of technology. Add our educational crisis (more than half of US engineering/computer science graduate students are foreign nationals) and the blithe assumption that we will always be the tech leader is very risky.

secmaven: "There is only one way the massive debt of the US government can be liquidated....inflate it away by creating a worthless dollar."

Sad but true. If we were ever going to really pay off this debt, we would never have let it get so large. We are like the person who knows bankruptcy looms and figures why not party until the hammer comes down.

Norevand: Such fatuous nonsense is amazing. Do you really think the $1 trillion we spend annually on "defense" is a good investment? A lot of the world thinks the US makes the world "a more dangerous and unstable place."

"The world can't afford to allow the U.S. to fail." We'll see about that. Maybe the world is getting tired of propping up the U.S.

The Market Domino Effect: Staying Ahead of the Curve

Jimbo-
The Supreme Court didn't kill term limits. We just need a constitutional amendment. What are the chances of that?

The Market Domino Effect: Staying Ahead of the Curve

That yep was for wallyjm. The root of our most serious problems is overpopulation. That's always a temporary problem.

The Market Domino Effect: Staying Ahead of the Curve

Yep!