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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: zonder who wrote (22450)11/25/2004 2:51:19 PM
From: LLCF  Respond to of 110194
 
<Sure, try to print your way to prosperity. All who have tried before have failed, but who knows, you just might pull the trick before becoming Argentina :-)>

The point is the DEED IS DONE. Thanks to global faith in the Micky Mouse and the rest, the world LENT us the money whereas others trying the same stunt had to print it.

<All who have tried before have failed>

So did the we, but in a different way... everyone let us just keep partying because we promised to pay. Everyone believed us. In this country [USA] people don't sit in austerity and payoff debts their entire lives and then pass the rest on to their children and grandchildren. THEY HEAD TO BANKRUPTCY COURT and home in time to buy a new TV and watch the super bowl.

As the Taoists recognized thousands of years ago: what happens in small ways, also happen elsewhere and in big ways.

DAK