Quote:
Originally Posted by J pold
Yeah I think a lot of this is smoke and mirrors call me crazy but I have an optimistic view of the world going forward. The American economy will defy the pessimists in my opinion, the housing market is still extremely shaky, and unemployment needs to get down to healthy levels (7-5%) but they will recover. It will be a slow painful process but they will get there.
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I disagree. The prevailing policy of printing money and saving failed companies is only making things worse for the US... throwing money down a rat hole. There will come a point when the international community will no longer accept the Americans quadrupling/quintupling their debt again.