View Single Post
Old 05-24-2003   #8
Winetalk.com
Prostate Examiner
I quoff fine wine at corkd.com
 
Winetalk.com's Avatar
 
Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
Default

Rolo,
from perspective of foreign investor,
selling US bonds now would fall into:
Buy High Sell Low,
and I don't see them taking trillion $$ loss.

Panic wise,
USA Economy, as bad as it is,
it still outperforms European/Asian economies,
panic just won't happen...not in the cards.

We can't nuke France/Germany,
but we can surely flex our financial muscle,
especially if it's in the intersts of the USA, and at this time it
IS in the interests of USA.

Would we do it, if they showed us support in the war?
I don't think so,
one hand washes another, and we wouldn't do anything to hurt our alies, but...they were NOT our allies,
Belize was and Belize is benefitting now from lower dollar
Winetalk.com is offline   Reply With Quote