Posted by Tradititonal Farmer on September 08, 2007 at 09:53:09 from (71.48.150.218):
In Reply to: Re: Cunundrum update posted by msb on September 08, 2007 at 05:39:35:
The US gov't is going into to debt at the rate of 24 million dollars an HOUR. The dollar is loosing value as the Chinese and oil rich nations holding US dollars are flooded with them. The Fed 'increased' the money supply which means they made some up out of thin air thus devalueing every dollar you and I have in our pockets.The real estate problem as big as it is,is only the tip of the Iceberg.Most savvy investors are moving cash into other curriencies
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