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Strategies & Market Trends : The coming US dollar crisis
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To: GST who wrote (19303)3/30/2009 2:45:36 PM
From: axial  Read Replies (1) of 71455
 
I hear you - but you're speaking as if the US was NOT "on the road to endless debt" before this administration started.

It was. The posted Fed charts prove it.

Agree: some questionable decisions being made now.

But we still don't know all the facts, and they've only had 3 months to resolve the most colossal mess over faced by an incoming administration.

There's still time to change course, to adapt. Much will depend on inflows: if they dry up, the US will have to change course. No choice.

I suspect that most of the venom on this thread comes from politics - not a sense of fairness and balanced judgement about problems that will take years to resolve.

Assuming that the US and global crisis CAN be resolved in the first place.

That's something we don't know... no matter what ANYONE says.

Regards,

Jim
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