WorkerOnWallStreet

Recession Is Over: Long Live Depression

We really got the Chinese,didn't we! They can't do diddly with their dollar holdings... So what are they going to do with it all? Buy DVD players and LCD TVs? Ha! If they try to reduce the dollar holdings, they will destroy themselves. They have NO place to put their money, except in US govt debt which is "backed by the full faith..." Double ha! And will we allow them to buy any of our assets we consider important to national security? No way!! Triple ha ha ha!!!

Which means we still have them working for us. They have to put their money buying our debt, and interest rates in the US will continue to be low, and housing prices will go up as a result.

No one knows capitalism like we Americans do. The Chinese know now that the US government is too big to fail, so they have no way out but to keep Uncle Sam propped up. Yup... it's like giving more booze to the alcoholic... more drugs to the drug-addict...

The Worst Case Scenario (Someone Has to Say It)

You will be great on Wall Street. Keep making predictions, and you know at least one of them will be right and you will be a star and come on CNBC.