Quote:
Originally posted by drctfiesta
Do you really think a stupid dude like you has any clue?
The gooks and euros and ragheads are not lending money to the US, they are investing it in the only market (US) where their money can actually earn a good return.
SO PLEASE, GO BACK TO YOUR UGLY WHORES AND TELL THEM THAT THEY SHOULD SHAVE THEIR LEGS BEFORE YOU SHOOT THEM 
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And here you have the biggest problem. The denial of reality.
The Chinese are pulling out, the financiers of the world are pulling back. Have you ever thought they might be thinking of investing a little less?
And you're all thinking that because you're not banking Euro checks today you will not be banking them tomorrow. As for billing adult porn sites in Euros, well that may not happen for a long time. They would get too confused at what they are paying, the price may change though.
I'm not working this out for myself, I'm just watching my earnings going slowly down day by day and thinking maybe the bankers of the world are showing their faith in the US$.
And don't anyone think this will happen over night, it will not. Firstly the bankers will get together and seek a solution that will not make the T bills they are carrying totally worthless. Then they will tell the US what it has to do to carry on recieving loans.
The talk is that the days of cheap loans and never ending credit are coming to an end for the US. This will mean people will have to repay bigger mortgages, bigger credit card repayments. This will hit every one who is in debt.