Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (32347)	4/24/2003 8:47:45 PM
From: sciAticA errAticA	Read Replies (3) of 74559

re: Americans are not so stupid as to self-destruct LOL! At this point, they have little say in the matter. They could decide to stop spending, pay off debt and save... but that would tank the global economy, that continues to depend on the US consumer for its life blood... which would assure deflation... which gives your buddy Al night sweats... re: The inflation of the $ is near zero. ROTFLMAO! Have you been paying attention? Al's rescue plan is to reflate the economy - and to inflate away the mountains of debt that the Treasury is creating. Your tidy little world depends on its success... Provided Europe and Asia passively watch their US investments disappear before their eyes.

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