US and Bernake are cranking the USD printing machine. US consumers will max out their c. cards and declare abnkrupt. Then, the banks will go to Fed and Treasury with begging bowl and Helicopter Ben will oblige them with more money.China will buy the T bills, bonds and finance US runway spending. The cycle goes on. Wait for massive asset reinflation for short term. The world has a strong faith on USD without any economic basis.
Re: govt bail
by k prabu on Nov 26, 2008 09:55 PM
True...US govt will sell ammunitions to all terrorists across globe and bring back all the money that they are spending now. Anyway Iraq oil is also expected to hit US shores in couple of years. Thatz the fate of the world.
Re: Re: govt bail
by chandraprakasam on Nov 27, 2008 08:32 AM
WHAT IS THE TRUE PICTURE OF AMERICA? REALLY THEY WERE( ARE) BIG BROTHERS OR ONLY A HYPERPOLIC STATEMENTS.
