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


To: Crimson Ghost who wrote (97826)5/22/2009 4:47:44 PM
From: Think4Yourself  Read Replies (1) | Respond to of 116555
 
Yes, I fully agree. Change will not come from within the government. The government is too foolish to do it voluntarily. It will be forced onto the government by external entities.



To: Crimson Ghost who wrote (97826)5/22/2009 7:03:29 PM
From: see clearly now7 Recommendations  Read Replies (1) | Respond to of 116555
 
interesting.."...huge deficits and continued efforts to police the world.." I have many US of A Friends who use this misnomer police the world.

Your Imperial armed forces are out there to control the resources primarily energy and their flow routes..even your so called Foreign Aid is by in large credits for the US armament industries...Your real problem is that you have a SHADOW Imperial government quietly pulling the strings while everyone else spends their time running expensive campaigns (paid for by these quiet leaders) and entertaining the Washington bullshit News establishment..sorry for the intrusion nothing personal!



To: Crimson Ghost who wrote (97826)5/23/2009 4:03:38 AM
From: westpacific2 Recommendations  Read Replies (1) | Respond to of 116555
 
''will not stop until foreign creditors FORCE this outcome via a dollar crisis''

THAT IS THE WHOLE POINT; which since 6 other folks agree with you, all of you do not understand it.

I repeat; you do understand this is ongoing right now; at this moment in time. The jig is up. America is going to have to spend within the limits of its GDP like the rest of the world.

That is what the Treasury Auction is saying; will it change perhaps; just watch it very close. Politics change.

As for Karl; he is correct along with Weiss; ask why are Treasury Auctions failing; because of my first statement. I judge the statement; not the character as we cannot always agree with that.

Stocks and the Dollar could crash on this, we watch.

What it means is potentially a massive cut in the dollar, fast and serious rises in interest rates and no choice but to rein in spending.

Or tripling of taxes!

But Greenspan said years ago to the Hill; they must stop this out of control spending...I ask did they?

West