|
didn't former Fed Chief Paul Volker just recently predict a financial catastrophe within 5 years if nothing is done about the current trade gap and budget deficit. So tabs, your predictions could come true. It wouldn't be Al Queda that brought us down, but our over the top spending to fight them that would be the culprit.
"In his 2004 book, "Running on Empty," former Commerce Secretary Pete Peterson (a Republican) states that former Federal Reserve Board Chairman Paul Volcker believes that there is 75 percent chance that the U.S. will experience a financial crisis within the next 5 years. Mr. Peterson also notes that, for the first time in his life, Warren Buffet has begun buying foreign currencies."
"
Besides the subjects you mentioned Widebody, I'd include our current 2 party system as a prime problem.
__________________
72 914 2056: 74 9146 2.2: 76 914 2.0
Last edited by hardflex; 09-16-2004 at 12:04 PM..
|