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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Riskmgmt who wrote (54788)10/25/2004 1:23:10 AM
From: Seeker of Truth  Read Replies (2) of 74559
 
Hello Mr. Smith,
"Where would one be better off?" The short reply is outside of the US, at the very least get your money outside of the US.
1. Indebtedness of the general public, via credit cards and home loans.
2. Balance of payments. It's not thinkable that the Japanese and Chinese governments will accumulate US government bonds forever.
3. Eternal war. Stalin was so happy when the agreement was made to hand over Palestine territory, where the Arabs had lived and predominated for about 17 centuries, to the zionist movement. He foresaw eternal friction thereby between all Arabs, not only the Palestinians, and the US. The Arabs did not consent and they launched a war in which they lost the first and all subsequent encounters and the state of Israel gets fervent support from only one country, the US. Hence the Arabs hate the US. Bush is resolved to conquer the Middle East. Syria and Iran are the next on his list.
4. Ballooning public debt because of the determination to pay for the eternal war with printed paper(bonds) rather than taxes.
5. A backward heritage: pro gun, anti abortion, wasting energy, ignoring the UN which is "foreign", equal power in the Senate to different size states such as Nevada and California. Electoral college system, underfunded primary and secondary school education,etc. Of course some of these features are present in other countries but not such a complete set.
I apologize to the regulars here for repeating the same old points. Few of us feel glee at the downfall of the US. It seems to me that Bush needs Al Qaeda and that's why he shifted his fire away from them toward the ruler of Iraq.
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