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To: federal__reserve

Regardless of who the GOP nominee is and if that nominee becomes President, the death spiral will continue.

I believe we have already passed the point of no return.
I am finding myself spending less time worrying about Politics
And more time planning for what the future holds 8-10 years down the road.


8 posted on 11/17/2011 12:15:31 AM PST by tennmountainman
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To: tennmountainman
You are correct, Ten. Google "The Tipping Point." This report was given to the World Bank that shows how onces a country's debt to GDP ratio exceeds 77%, any expansion by the Gov. causes a corresponding contraction in the private sector.

Second is the derivative bubble (most conservative estimates peg it at $200 Trillion). When that pops, a lot of houses built on sand will come tumbling down.

The next President will reside over a financial graveyard. It's important that we pick someone with vision, initiative, and a thorough understanding of what made America great and our founding documents - so that we all don't go running into the arms of some communist hybrid in the future.

75 posted on 11/17/2011 10:23:35 PM PST by TheWriterTX (Rock you like a Herman Cain 2012)
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