Originally Posted by
tsquare
I think America is in deep deep trouble as a world power. We are destined for mediocrity under you-know-who. The best is yet to come?
As to that cheap money of which you speak. Since he will continue his assault on the evil banks, I am guessing that that cheap money will not be as plentiful as you think. Maybe the government will print more and hand it out to his pet projects, but all that does is accelerate us down the path he has laid out before us.
See Greece for a glimpse of the future. My bet is $19 trillion in debt as to when the dollar is no longer relevant. Sometime in 2015. But don't worry, your taxes will pay for it all.
Nobody likes a sore loser, T. I'm willing to talk about the problems with face with getting into politics, but I'm not interested in your blame-game hystrionics. If you want to blame someone, blame people that inherited something good, and turned it into sh$t. Actually, no, that's not good enough: why don't we accept our individual participation in the collective spending binge, and voting for people who enabled it.
Regardless, I'm optimistic. I can't foresee every solution to our problems, but I imagine that some inflation, some de-facto devaluation of the $, and the fact the world needs us to succeed, tell me we'll get there eventually. I'm not going to have a coronary hyperventilating over a future that would have to occur without my long-dead a$$.
I'm going to grab a good drink and a good book, and check on the end of the universe occasionaly.