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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: energyplay who wrote (22499)11/29/2004 4:42:46 PM
From: stockman_scott  Respond to of 23153
 
If you want to understand why the world worries about the Bush economic team, just check out the speech John Snow gave last Wednesday at London's Royal Institute of International Affairs...

slate.com

btw, as I recall Warren Buffet backed Kerry since he was very concerned about the Bush Administration's ability to control spending.



To: energyplay who wrote (22499)11/29/2004 7:55:03 PM
From: Jim Willie CB  Read Replies (3) | Respond to of 23153
 
with USDollar stress from decline will come...

joining of USA with Canada, Mexico, and other nations
in an Americas trade block using single currency

(this will match the EU and Asian block soon to take form)

refusal of foreign held USTBonds for sale

(get ready for two USDollars, one domestic, one external)

suspension of civil liberties
political prisons in their own special internment camps
harsh limitations on exiting capital from the US Economy
stuff you would never imagine

all compliments to financial stress, the likes of which we have never faced, combined with the totalitarians in power

wondrous was the virtuous cycle was in the 1990s, with rising US$, falling import prices, the buildup of derivatives (including gold stuff), no penalty for monetary inflation

vicious will be the current cycle in reversal

/ jim