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Rightly so. We need to fix this problem because if interest rates rise it will crush our economy.
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class joke
{
private:
char Forrest, Jenny, Momma, LtDan;
double Peas, Carrots;
string MommaAlwaysSaid(const bool AddAnyTime = True)
}; -
Ya, I'm holding way more USD than I'm comfortable with.
S&P is just blowing smoke anyway. Look how them and Moody's were rating right before the crash of 08. They're just as big a problem as all the other elements of the market. -
Borrowing $.41 of every dollar you spend will crush the economy anyway, it will just take longer.Originally posted by racrguyOriginally posted by racrguyComment
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Thankfully, it held off long enough for me to get squared away.Originally posted by Broncojohnny View Post
But ya, it's about to go to poo.Comment
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Hooray for the crisis. I want them to take away the AAA credit rating so it costs more to borrow. That is one way to force the assholes in Washington to stop their bullshit and take notice.Originally posted by Denny View Post
The markets will plunge, shares will be on sale.Originally posted by racrguyOriginally posted by racrguyComment
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Not according to Obama. According to him, if we want all these entitlements, then we're going to have to pay for them. They aren't going to fund themselves.Comment
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You're still holding on to the idea that the dollar will be worth anything more than shit.Originally posted by Broncojohnny View PostComment
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It may not be worth shit but the dollar will still be the best currency to hold.Originally posted by Denny View PostOriginally posted by racrguyOriginally posted by racrguyComment
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This was the recipe for home buyers for a long time and look how awesome that worked out!Originally posted by Broncojohnny View PostComment
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Everyone in government that votes to borrow that much knows that this borrowing is not sustainable. I believe there is a concerted effort to crash our economy.Originally posted by Broncojohnny View Postclass joke
{
private:
char Forrest, Jenny, Momma, LtDan;
double Peas, Carrots;
string MommaAlwaysSaid(const bool AddAnyTime = True)
};Comment
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You would be correct, but it's not just our economy. They will be crashing all economies together.Comment
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All of the entitlements that he's trying to shove down our throats?Originally posted by StanleyTweedle View PostComment
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The ratings agencies are worthless, I agree. What's funny is to hear Managers earning 2 and 20 putting blame for losses on S&P ratings. Really, you are earning 2 and 20 and can't perform any more due diligence than that?!Originally posted by Denny View PostOriginally posted by davbrucasComment
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A lot of people misunderstand the way the term "entitlement" is thrown around.Originally posted by line-em-up View PostOriginally posted by davbrucasComment
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That would be like me blaming any dip in silver prices to a strong dollar. LOL!Originally posted by slow99 View PostComment
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