holy crap we are boned

Feb 01, 2008 19:31

just a fast note, I was reading the journal today and there was an article that read something like this... due to Bush spending there is a chance in the future that American bonds might be rated lower then AAA..... do you know what that will do to the market? PANDEMONIUM!!!!! like 1920s style depression... wow if you can get the article I would ( Read more... )

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jarod_cain February 4 2008, 05:33:50 UTC
Not really surprising, with the way that the dollar is devaluing the American people seem to have little to no trust in the Government and therefore the dollar, a depression could very well be around the corner. Either way, it is like the old Chinese curse, interesting times are ahead.
-J-

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