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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (97365)	5/10/2009 6:06:20 PM
From: valueminded	2 Recommendations Read Replies (1) \| Respond to of 116555

Cost is no object. The Federal Government will spend with impunity. It does not matter. He will not go back on promise. Additional budget busting entitlements will be added - the latest I saw was a huge expansion of "loan" programs for colleges. Lets face it, if the world believes in the dollar with the present administration expanding to a 1+ trillion dollar per year deficit, they won't have a problem with a little more. Say another few hundred billion. They will do it.