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To: TigerLikesRooster
Actually, the US is headed for the same fun and games as our current Congress and TOTUS basically keep playing the same cards as Hugo.

The US dollar is tanking because of the drunken whores spending on Humpback Hill the last 2 decades.

Our recent credit expansions have far outpaced real economic growth.<

Now, Americans will pay dearly.

Things will continue to spiral downwards for the US until goobermint spending and the debt are brought under control.

Basically, the US economy is toast and foreign investors will snatch up real estate and businesses for pennies on the dollar patiently waiting for the goobermint (Greenspan flunkies & the O-Bots) to create another credit bubble w/in the next 5 years....then they will sell.

However, IMHO, I do not think the US economy is about to recover at all...... continued deflation and economic depression will be the norm.

Elected officials and non-elected department heads at all levels of goobermint will not, will not, will not make the correct decisions and choices now to lay the foundations for a slow and sturdy recovery.

As usual, more double-speak and smoke and mirrors because lining their own pockets is all that matters.

14 posted on 01/11/2010 5:24:00 AM PST by RSmithOpt (Liberalism: Highway to Hell)
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To: RSmithOpt
NK and Venezuela show us how things can go drastically wrong. If U.S. leaders heed it, it would help mitigate the current economic disaster, but I doubt it.
15 posted on 01/11/2010 5:46:27 AM PST by TigerLikesRooster (LUV DIC -- L,U,V-shaped recession, Depression, Inflation, Collapse)
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