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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 408.24+2.3%Dec 22 4:00 PM EST

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To: Rolla Coasta who wrote (11007)11/3/2006 10:18:34 PM
From: sammy™ -_-  Read Replies (2) of 218659
 
Don't you think that considering the extremely perilous condition the U.S. economy finds itself in, that everything possible that can or could be done, is being done? Consider: America owes more than any nation on earth has ever owed, and if all the collective debts were placed in one basket, they still wouldn't equal the debts run up by WASHINGTON. Still, China and a few others buy our debt. China now has one trillion dollars of U.S. debt, or in other words China now has one trillion US dollars. Not only that, but it is absorbing 20 billion more each month. What could China do with all those dollars? Think 2008 GOLD!
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