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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?


To: TideGlider who wrote (23084)3/15/2008 7:34:48 PM
From: American Spirit  Respond to of 224737
 
Bushie economics are so bad now that even the well-to-do are starting to be crushed. My friend is just one example out of hundreds of thousands. All those people in their McMansions and their stock portfolios and their IRA's who thought they were safe, forget it. And the middleclass are even worse off. We could see millions of homes being lost. Millions. And how many banks will collapse? What is the total cost in the end? How many trillions?

Then ask where the money has gone. Want to try and answer that?

I'll give you a few big places; Saudi Arabia, Dubai, Houston and Dallas, the Cayman Islands, but actually trillions in paper wealth is just disappearing. As is the US dollar. It is now worth something like 40 cents against the Euro. Is the Canadian dollar more valuable? I haven't checked lately but I'll bet it is.