How Will Obama's 'Trillion Dollar Deficits' Affect the Markets? [View article]
Just how big will the new US economy be, once excess debt and leverage is wrung out through currency devaluation, higher interest rates, and a massively increased national debt? Much smaller, it seems to me. It will be painful to digest these "adjustments", very. I belive a crucial question is timing. Can we get some solid footing before devaluation and inflation come roaring in, and before our national fuel bill re-escalates? I'm not too optimistic about this timimg. we're going to be extremely lucky for things to happen so fortuitously. Secondly, Partisanship is for fools (or smart people acting foolishly). Thanks for the article.
How Will Obama's 'Trillion Dollar Deficits' Affect the Markets? [View article]
I belive a crucial question is timing. Can we get some solid footing before devaluation and inflation come roaring in, and before our national fuel bill re-escalates? I'm not too optimistic about this timimg. we're going to be extremely lucky for things to happen so fortuitously.
Secondly, Partisanship is for fools (or smart people acting foolishly).
Thanks for the article.