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Aurel Aurel is offline
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Join Date: Nov 2001
Location: Middlessex county, MA
Posts: 9,417
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No, politics aside, I agree with you. There were never solid fundamentals in the US economic boom, it was not sustainable. Imagine an economy that is based on services and consumption, fueled by credit and where money is made by speculation. Not enough exports. Things have been kept running on life support with cheap money for too long, and it looks like our leaders are persisting in this strategy.

Aurel
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Old 12-12-2008, 03:48 PM
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