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  • Financials: How - And When - We Reached the Bottom [View article]
    I seem to have read somewhere that someone in Dubai is buying a large stake into GE .....and I am sure we will see much more foriegn ownership of our companies ......according to my ealier post , when your credit runs out , the last thing is hock your house ......and that is where we are now ....we can't really print any more money , we have flooded the world with printed money the last 8 years , and we do not earn more than we spend as a nation .......soooooo it's time to start sellin' the house and furniture .........and after that ??????? I guess we will have to sell our kids into slavery or something .....I know we are in deep sht when the credit dries up , and we have sold off all our assets .....oh well , we can enjoy ourselves watching our TVs ( made in china of course )
    Jul 22 17:26 pm |Rating: 0 0 |Link to Comment
  • Financials: How - And When - We Reached the Bottom [View article]
    we are reaping the results of counterfeiting 2 trillion dollars ...it's gonna take a while to absorb all that paper ....and of course the problem now is that we better not print any more ......so we have a few years of actually having to earn money instead of printing it ....which of course brings us to the next problem .....we don't earn money !!!!!!! China and Saudi Arabia earn money ....we print ......we cannot print forever ....soon the ink will cost more than a hundred dollar bill is worth .......just as a family cannot live indefinately on credit , neither can a nation .......and just as a family has to eventually hock the house ......so will this nation .....and real estate is the last thing to go before bankruptcy ......and if it were not for our military power , we would be up the creek right now big time ......unfortunately , the only solution we have now is to conquer the world .......in a global economy you must export more than you import .....and the only thing we export en masse is dollar bills .......oh , and I think a few american flags which are probably made in China .........of course there is one last ace in the hole for America .......the pope will have to loan us some money !!!!!!!! What , you think the pope visited the white house to talk religion ??????? George was hittin' 'im up for some dough !!!!!!! We certainly can't go on another printing spree , that's for sure ........
    Jul 22 15:12 pm |Rating: 0 0 |Link to Comment
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