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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (27068)	12/30/2007 5:36:15 AM
From: KyrosL	Read Replies (2) \| Respond to of 219928

>>Buffett described the deal as "a very large bet on America over a long period of time"<< He knows what he is doing. The dollar's fall has already started to restructure the US economy. The trade deficit fell to 5% of GDP last quarter. I won't be surprised if US manufacturing comes back in a big way in 2008. The US will not avoid recession, but I expect the trade deficit to be in the low single digits in a year. I wonder who will be the consumer of last resort then.