bbzz24

Profiting from the $700 Billion Bailout

'Doing nothing will probably catalyze a global recession and sink the Dow to 8,000 or lower. Tens of millions of people around the world will lose their jobs and their homes, triggering a surge of inflation that will make the U.S. dollar worthless.'

HAHAHA....
How is this going to happen? Aren't the problem assets only home/auto/credit card loans made in the U.S.? The worst that could happen is contraction in credit (acutually good) and contraction in manufacturing in China/Japan in their export industries. The latter can trade with themselves more: cars for toys and rice.