Posted by
QuickHitGondolin
on 2008-02-14 04:19:05 |
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| There are too many dollars in China. They must need them for the 2008 Summer Olympics. We may go into a recession some day soon, but a depression is nearly impossible during wartime. |
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Posted by
thehughman1
on 2008-02-14 05:39:29 |
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| for some maybe...but not the majority. It is a very real possibility and the tent cities outside L.A. as well as the growing homeless and poverty rate i the rest of the nation are the beginning signs of the "D" word that no one wants to utter. If China were to begin dumping those dollars, coupled with the trade deficits as well as our government deficit, inflation would become so rampant that the ranks of the homeless would swell. But I suppose by insuring that the dollor devalues to an almost worthless rate ensures plenty of bodies for the military the neocons want to build. No child left behind, you know. |
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| Views: 35