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To: ovrtaxt

I read all about the derivatives market late last year. Very few people realize this is going to be a multi-year slog for America and the West.

The last man standing is going to be communist China.


10 posted on 07/17/2009 8:08:56 AM PDT by kingpins10
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To: kingpins10
The US savings rate has already jumped 7% in the last 9 months, which is more than enough to replace every dime of Chinese capital we've ever imported. Like, 3 times over.

In case nobody noticed, yes that means the only underlying cause of any of our difficulties in the first place, was not saving enough. And the amounts required are extremely modest, as adjustments to everyone's finances. Most of them have in fact already occurred.

12 posted on 07/17/2009 8:48:49 AM PDT by JasonC
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