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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: sylvester80 who wrote (97893)5/25/2009 8:35:41 AM
From: Dan35 Recommendations  Read Replies (1) of 116555
 
Re: When Bush took over 8 years ago back in 2001, $0.7 would buy you 1 euro. 8 years later and you needed $1.60 to buy 1 euro back in 2008. This was all during POS Bush and Cheney's 8 years

It's a lot easier to burn things down than to build them up, a lot quicker to embezzle a company into bankruptcy than to build it up to profitable sovency.

It could easily take 12 to 16 years to repair the damage that Bush/Cheny/Paulson/Rumsfeld did.
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