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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (38723)9/23/2003 7:23:09 PM
From: abuelita  Read Replies (1) | Respond to of 74559
 
It would work wonderfully.

yes.

it worked wonderfully for bush & co. when
they sought the support of the u.s. citizenry
for the attack on iraq.



To: elmatador who wrote (38723)9/23/2003 9:46:03 PM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hi Elmat, <<I were the US finance authorities>> ... I would unilaterally repudiate all debt and obligations, foreign and domestic, justifiably default, destroy all paper trail, and then seek redemption.

This would get me out of a jam a lot faster than the gradualist approach of fiddling with exchange rates, fubbling with money supplies, and tweaking discount rate.

... but then I like drama :0)

Chugs, Jay