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Registered
Join Date: Nov 2003
Location: West of Seattle
Posts: 4,718
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I don't think it's as bad as all that. The US economy is closely tied to the world economy. As the US economy slows down, other economies will slow too. We will not have a massive grinding halt, but rather a gradual worldwide slowdown, led by the US economy.
The fact that rappers are showing suitcases full of Euros reminds me of the bit of wisdom about the garbage man: "If your garbage man tells you he's invested in xyz, the trend is probably over." Rappers are rarely relied upon as fountains of financial wisdom; perhaps the blind squirrel has found a nut, or perhaps it's time to start putting money back into the value of the dollar.
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