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Strategies & Market Trends : Rande Is . . . HOME

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To: Bucky Katt who wrote (57373)	3/6/2006 4:30:05 PM
From: Rock_nj	Read Replies (3) of 57584

Is this true?!? That is a pretty sad statement about the management of our economy and finances. Why does it seem like we have a bunch of drunken sailors at the helm of our country these days? What ever happened to fiscal discipline? If what you say is in fact true about these borrowing gimmicks and other treasury raids, then we are in worse shape than most people realize. Perhaps that is why the short term Treasury Note shot up today? Smart money knows Uncle Sam's currency is becoming worthless and demands more interest for the risk? I heard the pending attack on Iran has a lot to do with the fact that Iran wants to start selling oil in their own market via Euros, not Dollars, thus forcing the Dollar to lose it's preeminent status as the reserve currency of the world and threatening the economic health of the U.S. Economic calaminty just around the corner?!?

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