“I’m not convinved the mortgage crisis is all that bad. Just months ago we were being told by everyone who was someone, that we wouldn’t survive until November. Guess what...”
It ain’t November yet. But I’m not saying we won’t survive until then. But, could you name me just one person who is “someone” outside of the MSM that said that?
Of course you’re not convinced the mortgage crisis is all that bad. How much have you read about it outside of the MSM? The whole world got the hershey squirts from it a month or so back so how bad could it be? What does the world know that you don’t?
But I’m just a doom and gloomer so no need to even listen to me. Right? I think there is a 30 to 40% chance the DOW will hit 15,000. I know exactly why I think that it might.
I don’t like the gigantic trade deficits we run today. I don’t like the ever increasing national debt either.
I’ve spoken out against these two things for a long time. The budget deficits are something I’ve never approved of, so it’s been decades that I’ve been talking that down.
It’s only been about two decades since I’ve been talking down trade deficits.
So far, neither of these things has hurt us as badly as I thought they would. Sadly, if they should begin to hurt us, it is my belief that it would then be too late to do much about it, and it could be very serious.
Frankly, I’d rather be wrong than see myself proven right at our nation’s expense.