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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Pogeu Mahone who wrote (15996)1/6/2009 1:21:20 PM
From: Jacob Snyder3 Recommendations  Read Replies (1) | Respond to of 71456
 
<After you print the dollars...>

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What I've learned, by listening to economic experts:
1. it's possible to fix any economic problem, by printing enough dollars
2. deficits don't matter
3. privatize the profits, socialize the risks
4. a crisis caused by excess debt, can be solved by massive new debt creation
5. if you borrow enough, you are "too big to fail". Size matters. Maximum leverage will guarantee a bailout.
6. nobody remembers yesterday, or cares about tomorrow. Today is all that matters.