my wagers are several
(i) wastrel-in-chief obama will be very reluctant to make his own job tougher than already is, and he will explain to his wastrel constituents the fact of life, that not-yet-sorry debtors can hardly afford to be picky about how they finance themselves and can certainly not get tough with their financing lords, especially those residing overseas who can choose to finance whomever they choose to please
(ii) the usa corporations, especially those losing out to china competition, can yell and scream all they want, and the truth is for the companies integrated and integrating with china, they will do better, and for others, they will go away
(iii) the walmart shoppers, in their ever more desperate hours of true needs, will buy the least expensive and most value-packed products they can find, wherever they can find
(iv) the genuine path to true solution of all of usa ills is honest inflation and hard taxation, even as inflation will sicken most and taxes would perish many
the tragic truth remains, that no one forced anyone to borrow, and no one coerced anyone to spend
soon usa should embrace far more ancient china values of much greater merit as a part of the solution, else usa would be no more.
i am at the moment devoid of much gdx, and am enthusiastic to have opportunity to repent and get reacquainted should obama / congress grant me such largess, say gdx at 25-35.
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cheers, tj |
