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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (18049)	4/22/2011 10:51:33 AM
From: Jim McMannis	Respond to of 119360

You can bet on it. We be sabed.

To: DebtBomb who wrote (18049)	4/22/2011 11:06:18 AM
From: Giordano Bruno	Read Replies (1) \| Respond to of 119360

BRICS countries (Brazil, Russia, India, China and now also South Africa) are strong not because they are morally right (what is the price of being right in the world of money?) but because they are capable of reducing the use of the American currency, gradually or even sharply. In other words, they could beat Ben to the punch on dollar devaluation, foreign Treasury buyers would disappear (if they haven't already) and then let Standard & Poors sort out an appropriate credit rating given our largest creditor is the Federal Reserve which refuses to be audited. He's painted himself into a corner with his utterly ethnocentric, childishly shortsighted policies. “The biggest challenge facing the U.S. isn’t turmoil in the Arab world. It’s our debt bomb”. ~James Baker Baker said that without a strong dollar the US will turn into the United States of Greece. ...using an expression of Jozeph Stiglitz we may say that the US has been “exporting crises”. en.rian.ru BRIC economy to surpass US by 2015: Study articles.economictimes.indiatimes.com