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Discussion of Housing Bubble, US Dollar, Debt, Trade Deficit, Oil, Gold, Consumer Spending, Central Banks, Inflation, Outsourcing and the Bleak Future of the US economy
This Blog and/or the articles contained within have been referenced, linked or quoted in: Businessweek online, WSJ Online, Dollar Collapse, Safehaven, Silverbear Cafe, Financial Armageddon, Yahoo & Google Finance -- among many other blogs & web-pages... Thanks for stopping in for a read!
Sunday, November 15, 2009
2010 GM
The new GM (Government Motors) would like to proudly introduce the 2010 Obama. This car runs on hot air and broken promises and has three wheels to help speed the vehicle through tight left turns. It comes complete with two TelePrompters programmed to help occupants talk their way out of any violations and the transparent canopy reveals the plastic smiles still on the faces of all the happy owners. Better get one while you can still afford it - they come in S, M, L, XL and 2XL... It won't get you to work, but hey, there aren't any jobs anyway!
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5 comments:
Obama's trip to China is fascinating to watch. He should take out a coin and ask the Chinese leaders to call it in the air...tails, they unpeg their currency from the dollar and transition to fair and balanced trade...heads, they stop yapping about the dollar's lessening strength and accept inflation for their citizens.
and there's teleprompters on each side! lmao
If Gary Schilling is right, and he's been through this before...
http://finance.yahoo.com/tech-ticker/article/373084/Forget-Your-Inflation-Fears%2C-Think-About-Investing-for-a-Deflationary-Environment
I want to see the look on the Premier of the State Council of the People's Republic of China, Wen Jiabao, when his gold investment gets nailed, his export-only economy stops dead, the loans used to fuel the Chinese stimulus come due and people can't pay, and he realizes that his country is nothing more than a factory town.
Good one Randy:)
Justin_n_IL
LMAO... plus tax.
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