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


To: Real Man who wrote (24722)11/24/2009 9:30:06 AM
From: DebtBomb8 Recommendations  Read Replies (1) | Respond to of 71463
 
How can you solve a problem when you don't even admit you have a problem? It's a cover-up. They have no solution. They print.
10,000 baby boomers retire every single day. There is no reason to build another house, or build another road, or another store. Baby boomer earnings and spending falls off a cliff. Close the stores, close the auto dealerships, bulldoze the houses.
Their model was for endless growth....they is stupid, IMO. ;-)
But....you can't solve the problem, and you can't find a solution....when you don't admit that you have a problem in the first place.
There is no solution right now....other than print and cover it up.
Going into busted bubbles, peak oil, and demographics bust....they milked everything into a giant debt bubble....instead of preserving the nation.
This isn't rocket science.