benburch
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Tue Jan-04-05 09:12 AM
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Folks, what the Bush Cabal is doing cannot be done without eventually sparking a hyper-inflation such as Germany saw in the 1920s or Argentina saw in the 1980s.
You cannot just print a hundred billion dollars to piss away on a war without consequences! And yes, when you borrow that sort of money, you actually create the money by creating a massive debt that you cannot pay on a ledger book, and the money 'miraculously' appears in the other column of the book. This is in NO way less inflationary than actually starting the presses and printing cash.
I think you all ought to seriously consider whether any assets you still posses are safe in US Dollars, and diversify accordingly.
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LynzM
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Tue Jan-04-05 09:21 AM
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1. Things do look scary on the economic horizon... |
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But I have to say,
"any assets you still possess"
LOL :cry:
I wish I had money to invest in Euros...
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sam sarrha
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Tue Jan-04-05 09:28 AM
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2. so the outsourcing is also going into hyperdrive.. NO JOBS AT ALL |
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that is a good equation for disaster..
so when it spreads to Mexico you can count on another 100 or 200 MILLION migrants come'n North.. plus the bad weather and possible famine there
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benburch
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Tue Jan-04-05 09:34 AM
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3. Look for the Bushes to lay on massive personal debt... |
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because they will Know when the hyper-inflation will hit, and inflation is a great way of cheating on your own debts.
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seabeyond
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Tue Jan-04-05 10:06 AM
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4. so what are you saying |
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to do witt he cash in the bank. my money is just sittin there, i dont know where ot put it
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DU
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Thu May 09th 2024, 11:04 AM
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