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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (162)9/16/2003 10:52:39 AM
From: Jim Willie CB  Read Replies (5) | Respond to of 108745
 
starting point suggestions for fixing US Economy:

several actions can be taken
they all involve a strong recession where debt is reduced, probably via massive bankruptcies
nothing easy will solve 20-30 years of inflationary destruction and debt pervasiveness

1. force bankruptcies of 20 million households
2. force BK of 1/3-rd of Fortune 1000 firms
3. eliminate the Federal Reserve and its unfettered inflationary destruction
4. back the USDollar at least 10% by gold
5. cut out all lobby efforts in Congress
6. eliminate all trade sanctions
7. allow the USDollar to decline 40%
8. reduce corporate taxes by 30%
9. reduce social programs and their costs by 50%
10. teach Chinese in grade schools

how is that for a start?
prediction: not one single solution above will be enacted

/ jim