Originally Posted by
capncrunch
I understand you're point.
It just seems like there are two types who want a Texas hub and speak as those it's in the works or our near future:
1) those who commute to work from Texas and
2) those who live in Atlanta and think the West cost is a small market.
Makes me laugh. Texans and southerners are all the same, they are sure they live in the greatest place in the world.
Well now that we can clear up that geography problem!
Gloopy, yes the economic situation is ugly, but when governments realize that their stay in power is about to end, trillions of debt from many nationals will be forgiven to keep those people in power. It is fiat money anyway, and its value is that which is believed. So far the ruse has worked and we work for paper and the value that governments assign it, and the markets that agree with them.