Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Tommaso who wrote (78495)	2/5/2007 12:53:39 PM
From: GST	Read Replies (1) \| Respond to of 110194

<Your predictions for the economy probably sound grim, negative, and excessively pessimistic to a lot of people. To me, they sound like an accurate assessment of what the Bush administration has made inevitable.> Realistically, there are many in America who will do just fine because they have the education and skills to have successful careers in a global economy. My concern is that most Americans do not fit this description. For those who supported Bush, whether they have figured this out or not I am not sure. Ironically, Bush is doing the most economic harm to those who voted for him -- only they have not yet realized it as the timing of the pain can be delayed for some time in the future. The crushing debts Bush has racked up and the crumbling dollar that will buy little in the future will also lead to crumbling infrastructure and crumbling government services. Bush has probably pushed the US over the edge. The consequence? For most Americans, life will get worse from here on in. The exception will be the well educated more globally focused part of the population.