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


To: dybdahl who wrote (94324)5/16/2008 11:50:40 AM
From: Ray Gabriel  Read Replies (1) | Respond to of 110194
 
From everything I've read, Denmark is an exceptionally well-run country and a very good argument for CAREFUL social saving/spending (national health & retirement). Citizens are among the happiest on the planet.

Unfortunately, the US is going to have to go through a very tragic retrenchment in the coming years, learn to SAVE money and get back on a similar, intelligent approach.

We also need to learn that politicians are politicians whether you call them Democrats or Republicans, liberal or conservative. They all "spend & spend" our tax dollars to make the world safe for big US business.

QUESTION: How do you think the collapse of the dollar$ will affect Europe, in general?

Ray
in the Rockies