Quote:
Originally Posted by Craig
including the vast majority of economists think the system is working just fine.
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Would these be the same idiots that thought everything was working just fine before it all went down the ****ter a few years back?
Regarding your assumption that the world "wont dump the dollar because they are all invested in it". First off that's not so, the Chinese have already reduced their exposure to dollars for the first time in decades. Second, when the US is not able to pay the interest on it's debt history tells us that the outlook for the dollar will change real quick. As Ferguson says' "the dollars fine - until it isn't..."
- Peter.
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2021 Chevrolet Spark
Formerly...
2000 GMC Sonoma
1981 240D 4spd stick. 347000 miles. Deceased Feb 14 2021
2002 Kia Rio. Worst crap on four wheels
1981 240D 4spd stick. 389000 miles.
1984 123 200
1979 116 280S
1972 Cadillac Sedan DeVille
1971 108 280S