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

To: elmatador who wrote (44471)	12/30/2008 4:50:04 PM
From: TobagoJack	Read Replies (2) \| Respond to of 217542

just in in tray, Jay, I saw your 2009 Global economic predictions on SI today(the post that had 1 recommendation). The United States will never become like Argentina. The difference between the United States and Argentina is that the United States is the technological leader of the world. Using this technological advantage , the US can always produce new technologies and products that the rest of the world doesn't have. I think if the United States leaves Iraq in 3 years as scheduled the financial picture will improve considerably. The US is spending something like 800 billion dollars in Iraq. In fact, the global markets have already priced this into the valuation of US fixed income securities. For 2009, I see stronger equity markets in the United States as mortage holders refinance their mortages, bank balance sheets strengthen and a stronger dollar as the other global players devalue their currencies. Hope you have a prosperous 2009. to which i responded, hello ______, you do not have faith in my predictions, do you :0) usa will be in worse shape than argentina because of its internal hair line cracks which argentina does not suffer from, as the hair line cracks develop into major fault lines usa is defaulting as we speak, driving folks to cash, to t-bills, and readying to figuratively add a zero to its monies the bankruptcies are happening at all levels, from the individual on up and from the fed on down the big unwind will see usa use as little per capita everything as europe and japan, meaning at least a 50% cut, if done astutely, and if not, a 75% cut as to inventions and all that, they are going the way of manufacturing, nothing ordained and certainly no birthright the bank balance sheets? you mean the people's bank of america? you are kidding about strengthening, surely. leaving iraq in 3 years :0) troops home by christmas again, or is it mission again accomplished? as long as the fundamental basis of usa foreign policy does not change, remain hijacked, then nothing changes. empires do not go quietly. they go rot and then kaboom. it is nature's law. on 2009, yes, cheers, and it will prove to be even more interesting than 2008. cheers the individual who wrote me and i have been playing this same guessing game over enough years; he lost on the euro and all other predictions, and he still does not appreciate the truth that as my fundamental premise has been playing out per script, i have no need to change my tunes. eventually he will get it, when gold:dow is at 1 to sorry 1