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Reply #127: Well, aside from the now questionable state of the US, the advice [View All]

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54anickel Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-20-06 01:40 PM
Response to Reply #108
127. Well, aside from the now questionable state of the US, the advice
from after 9-11 seems pretty sound. The question is how "safe" is the buck now? We are entering uncharted territory where the saftey of the US Treasury is concerned. I don't think the buck is going to tank anytime soon. We've only seen the beginning of defense of the petro-buck - first Iraq now Iran's on deck. History is replete with wars waged to protect a nation's currency and economy. The question now is how will the battle take place? On the ground and in the air with troops and bombs or on the currency, equity and bond exchange floors with bits and bytes? Perhaps a combination, which we are well on our way to exploring. One only need to look at the collapse of the Soviet Union to get an understanding of how that might take place. Sadly, it seems lil' Bush will be taking us down that road. We are stuck in the quagmire of the MiddleEast sucking the life blood out of our economy. The rest of the world is making contingency plans for the event of our demise.


Back to some of that advice in the weeks following 9-11:
http://www.asiaweek.com/asiaweek/magazine/YourSpace/0,8782,175611,00.html
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