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To: FromLori

Devaluing the dollar is a requirement. We can’t pay our debts. With other currencies collapsing it’s a race to the bottom. An organized race.


7 posted on 12/21/2010 2:51:26 PM PST by allmost
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To: allmost

We would be better off going the way of Iceland then throwing out our government telling the banks to go stick rebuilding our manufacturing base why should we be used as collateral for foreign banks, at least Iceland is on the road to recovery.

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/8187476/Iceland-offers-risky-temptation-for-Ireland-as-recession-ends.html


8 posted on 12/21/2010 3:10:43 PM PST by FromLori (FromLori)
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