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Subject:
Where are we going
norden
10/16/2009 10:05:50 PM
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| With the current interest rates, dollar devaluation, health care spending and the fact that oil might not be only traded in dollars could this be the death throes of America. Could we see rampant inflation ala Carter years? If foreign governments stop keeping dollars in reserve and dump our currency onto the market. Is it devastating or just a re-balance. I think it would be good if "Made in America" was returned to its former iconic status but at what cost... The Greenies have made it almost impossible to manufacture in this country not to mention upgrading coal facilities or nuclear power. Anyone here contemplating this scenario or want to give feedback. From my armchair it seems pretty gloomy |
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