![]() |
|
||
|
|
|
||
|
|
|||
|
|
|||||||
| Notices |
| Legacy Archived Main Board Business chat and general industry chat. All participation is welcome. Dont post your fucking spam here. |

|
|
Thread Tools | Display Modes |
|
|
#23 |
|
Members
Join Date: Dec 2002
Location: Six Feet Under
Posts: 2,150
|
Regardless of who takes the white house after the election, someone will have to look at the deficits - and that could lead the US economy to tighten its belt. This can be done by higher taxes, higher interest rates, or by devaluation of the US dollar... or prehaps all of them.
The idea that the US can "bake more cake" to solve the deficits will not happende with any of the current presidential candidates - their combined vision for the future is as good as a blind mole. The fear of devaluation is very real, and it could lead to high selloff of US investments, stocks, bonds, currencies. Gold will keep rising, and so will other currencies such as swiss franc. I REALLY hope that whoever will be president will surprise the world and make a happy ending after his 4 years as President. But it will still be better to live in the free western world vs. some middle east fundamentalist hell hole, so its not all bad
__________________
"Chaos is the law of nature, order is the dream of man." ~Henry B. Adams (Historian) 1838-1918 |
|
|
|
| Bookmarks |
|
|