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Old 11-03-2007, 06:05 PM  
GreyWolf
So Fucking Banned
 
Join Date: Jun 2007
Posts: 2,036
Quote:
Originally Posted by Snake Doctor View Post
But let's deal in facts people.
Read the rest and facts are something which are scarce

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Originally Posted by Snake Doctor View Post
The idea that the country with the world's largest economy and the world's reserve currency
Untrue. It does not have the world's largest currency reserve.

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Originally Posted by Snake Doctor View Post
of choice is going to become a third world country with a totally worthless currency over a temporary decline in the dollar is insanity.
Assumption

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Originally Posted by Snake Doctor View Post
The dollar did the same thing during the 80's because of Reagan's ridiculous policies and then recovered again once we got our fiscal house back in order.
Different scenario and not comparable.


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Originally Posted by Snake Doctor View Post
The next president will restore fiscal discipline which will allow the dollar to regain it's losses.....
Assumption based on??

Quote:
Originally Posted by Snake Doctor View Post
the idea that the federal reserve would allow inflation to reach double digits is also isanity, considering they were still raising rates when core inflation was below 3%.
Assumption that inflation will reach double digits. Inflation is also not controllable when it gets out of hand and irrespective of who manages it.

Quote:
Originally Posted by Snake Doctor View Post
If you're going to make ridiculous claims like the US economy is gonna collapse or the dollar will be worthless,
More assumption. Who said this? So far you appear to be saying this more than anyone.

Quote:
Originally Posted by Snake Doctor View Post
Otherwise you're just an America hating troll who's praying for our demise and using every little piece of bad news in the world to try and prove your prayer will come true.
Back to flagface bullshit with the learned terminology, "American hating" and more assumptions - irrelevant and sad.

If you have something valid to say about the economy - feel free. If you need information on the current state of the economy - try Google. However wasting your time adopting a defensive attitude and using assumptions and inaccurate statements to support this while assuming the world is against you, is pointless. BUT.. to give ya cred - it is GFY
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