visualseep...@[EMAIL PROTECTED]
wrote:
> The last card the US has left to play is to get all those holding a
> glut of USD to invest in the US economy rather than dumping those
> dollars and jumping ****p into commodities.
I don't think its that simple. There is no central, main conspiracy
king in the USA. Instead, there are dozens, at least, of special
interest groups, all lobbying and influencing for their own selfish-
greedy interests. Then, we have all of the major economies (eg. Japan,
Europe, England, etc) who are also lobbying and influencing for THEIR
interests.
> That's the last stop before a full blown recession and/or currency
> crisis.
I can tell you that economic crises will never come to an end. One
history book I read described how, 500 years ago, an economic crisis
spread through northern Italy and half of the banks went out of
existence. The best that can be done is to tweak the little levers,
gears, and wheels and get people in power to try to make adjustments
that will soften the blow of these instabilities.
Banks/finance all have a lot of leveraged positions and the last thing
they want is for their "castles in the sky" to come totally cra****ng
down into dust. They will not only lose their jobs but their money if
that happens.
> If that don't work, all hell gone break lose. It will have to be
> nothing but spending cuts. First to go will be the welfare checks of
> these unemployed racists in alt.computer.consultants.
Including BPOking and his bigotted friends.
> Now listen to the brother he's on a roll :
>
> http://www.youtube.com/watch?v=gxkCuVpn-Ec
Too much entertainment, not enough serious facts.
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