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Old 2005-08-31, 05:38 PM   #4
ecchi
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Join Date: Oct 2003
Location: About to be evicted!!!!
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The worry is that George W. is gambolling with your economy. While things go on as they are his policies keep America's economy going, and going well. But it will only take one small problem (eg. if the Asian banks begin to worry that the cost of "clearing up" after the hurricane is going to cost more than the government can afford, and so stop that line of credit) and the entire economy comes crashing down. Then it will be "welcome back to the 1930's".

The most popular theory outside the US is that George W. Is hoping that the crash will not happen until after his term in office and that history will say that things went well while he was president but after him things went pear shaped.

Personally I don't think he is that clever, but either way most economists think a crash is now unavoidable, and since America is the largest economy in the world, when she dies the rest of the world will follow.

Now is the time to save your money in crash proof commodities. Me, I got most of my savings invested in the company that owns the backbone of the British communications network (telephone and Internet), I feel that if that goes we really will be in the dark ages, so it is most probably safe until the point where nothing is left.
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