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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
The US have lived way beyond their income for many years. They are a gross obese nation in almost every facet. I love americans but many cannot recognise truth from b/s. They are drowning in their own b/s. The day of reckoning has to come at some point. Corrections cannot be delayed indefinitely and the longer they are postponed the greater the ultimate shock wil be.
I worry that the US might lose their leading role, their superpower status. The implications of that are ugly. The US as a world leader needs to mature, they are still behaving like over stuffed immature teenagers.
Before attacking me for such an outrageous statement I do NOT pretend that my own country is in any way exonerated from outlandish dishonsty and excesses over the last two or three decades. Its just that the US is world leader and must learn to lead by example.
This is the same as saying:
If Dubai defaults, its bonds will explode.
Catnip, enough is enough. I see no point in discussing with you further, cause you seem to be living in a imaginary world. Good luck to you and your forecasts.
I'll keep my last long pos as range will stay today 137 138 and do some range trading
gl all
geo may however spoil imagine Mubarak seeks asylum in Tel Aviv and is granted
Why? Because this will happen only in your dreams. That is why :))))
it's just keeps on going and going and going.... Energizer??? LOL
Catnip, if history is any guide, then there is no other time in history when a country amasses such debts, then starts the "printing press" in order to pay its current obligations and after this their currency appreciates. Just check it out. So history tells you are getting it all wrong.
Barking up the wrong tree yieldsone and only one insight: one has barked up the wrong tree.