Quote:
Originally Posted by Snake Doctor
You're just as bad as the people you're ridiculing, just in reverse.
The gov't has yet to tell us what price they will be paying for these securities, and THAT is what's going to make all the difference in whether or not this is a good deal for the taxpayer.
Your blind belief that this won't be a bad thing for us is just as bad someone else's blind belief that it will be bad for us.
All of this stuff you've been posting is meaningless unless you have credentials and formal training as an economist, or you add citations to your statements from reputable sources.
Otherwise, it's all just your opinion, which, given your lack of expertise in economics, is worth no more than anyone else's opinion.  |
I didn't say it would be a good thing. I said it wasn't the end of the World that's being predicted.
And yes, Europe going in to recession, US closing their trade deficit for the first time in a long time, US currency decreasing, all opinion.
I guess we'll see in a few years from now. Don't worry, I'll most certainly be pointing out that I told you so, once again.