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Fed to pump another $1 trillion into U.S. economy
IHT ^
| 3/18/09
| Ed Andrews
Posted on 03/18/2009 4:59:08 PM PDT by pissant
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To: al baby
I live in So California and for about the last hour or two the air smells real bad anyone know whats going on? its horridHas Barry Sotero arrived in SoCal for his improv event with Jay Leno? THAT could be what you're smelling.
To: pissant
We're going to have Agentina-like inflation in six months.
Welcome to the third-world everyone.
That money you still have in your 401-K will soon be worth even less.
By the time he's finished, the great 0 will have destroyed something like 3/4ths of the value of US assets.
22
posted on
03/19/2009 8:46:38 AM PDT
by
mojito
To: earlJam
The Chinese rulers want to feed their people and hence they are not going to spend their cash money on Treasury bonds. They are going to have food riots soon. They are in much worse shape than most people think. To begin with 90% of the Chinese live in abject poverty that we cannot even imagine here in the US. Now with this world wide deep recession they are suffering more than anyone imagine.
23
posted on
03/19/2009 8:52:43 AM PDT
by
jveritas
(God Bless our brave troops)
To: pissant
Question... I was planning on buying a house before the Dec. 1st tax-credit expiration date. Am I correct in thinking that with inflation looming, it's best to buy as soon as possible?
24
posted on
03/19/2009 10:18:36 AM PDT
by
Sandy
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