|08-23-2004, 08:09 AM||#1|
Join Date: Jul 2001
Location: Hot Springs, Ouachitah
Obviously I can't seem to reach you people.
Here is reality:
We continue to run a severe trade imbalance that make the war in Iraq look like a bad date.
These are figures that measure the wealth of our own country being sucked out every day.
This has nothing to do with Goverment Spending. (which generally multiplies back into the economy).
The money going into Iraq is a toilet, that money will make it back at most at 10 percent. or whatever, it's my estimate.
I just wanted people to know the difference. We can't sustain this level of trade deficiet.
I want you people to know that the government debt isn't crap. The trade debt will make our bonds worthless and devalue our currency even more, especially if we are taken of the so called Oil Standard to the EU which France wants.
Go call me the Long Forehead or whatever you want. We are dancing on a pin right now. We need more nuclear plants, more refineries, and open Alaska and work with Siberia to open some Arctic areas to tell Iraq, Saudi and Iran to **** themselves. And this takes time.
Nothing I say I expect to take hold till things get wild.
America has to be able to stand alone. If we can't, we are inviting disaster.