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Honest, Ardy, I don't know the answers to your questions. One thing I do know -- we didn't get wiped out by a 54 Trillion Dollar Tsunami this past October. We got smacked upside the haid with a 54 Trillion Dollar Two By Four, yes. Reeling, but not drowned.
What will come may be a lot worse. I believe, from what I have read, especially what I have read here, that it will be worse. I think a few select people got obscenely rich off of the 54 Trillion Dollar Shell Game, and that it was the biggest baddest scam in the history of fiat currency.
But hey, I'm not an economist. I don't really understand a lot of this stuff. That's why I read a lot more than I write on these economics threads.
Steve
Give us the wisdom to teach our children to love, to respect and be kind to one another, so that we may grow with peace in mind. (Native American prayer)