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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (7320)2/13/2006 10:53:47 PM
From: Patrick Slevin  Respond to of 33421
 
Well, first of all...

-----I want to amend my prior post in a small way because if I recall correctly Carter did not specifically ask Miller to leave. He asked his entire cabinet to leave.

Now that was not brilliant.

------------

Anyway, one edge the US has had for years is that the dollar is the safest currency.

I cannot find it now, but I had a link to National Debt information. Lower rates combined with increased spending, virtually zero savings by it's citizens and maintaining armies in conflict is a guns and butter issue that did not work in VietNam.

History could repeat itself.

-------

For the record, don't jump all over me because it seems like I'm saying no one saved money in the 1960's. It's not the point.