Top Gun

Economic Anomalies Explained

I agree with all of your analysis.

The FACTS are that we left the Clinton years with a $120B surplus, and now are in disaster. The first treasury sec. wanted to devalue the dollar to help US manufacturing, of which there is none.

This admin allowed the levering of 5 investment banks way beyond what a commercial bank could do. The leverage was used to make bubbles, not produce economic value. Hence we are messed up.

The dollar is high because we sent the rest of the world into a tail spin, no other reason.

At best we will have a long, slow road back, engineered by very good Fed and Treasury secs.

I look today and don't see that the word investment has any meaning at all. Time to look for a small business, I guess.