The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Elroy Jetson who wrote (15972)	1/2/2009 5:05:12 PM
From: carranza2	1 Recommendation Read Replies (2) of 71463

What will ultimately restore confidence is when people feel they have their debt under control, either through repayment or bankruptcy/foreclosure, and they have some savings - and they feel their income prospects are good. Bingo! Although 'style' is never very much recognized, a leader whose 'style' inspires confidence can do a lot for the economy. Roosevelt, for example, had a jaunty, confident manner which helped a lot. I think I see some glimmer of this in Obama, though I think he is facing a far more difficult environment and a far more cynical populace than FDR did.

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