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Re: inthehills post# 143279

Thursday, 08/21/2003 8:11:10 PM

Thursday, August 21, 2003 8:11:10 PM

Post# of 704044
well we here in the US consume everything everybody else makes. It's not just AG and our leaders that want us to prosper but so does every nation that sells goods and services to us. If we went into a recession or god forbid some kind of depression who here in the states is gonna be buying japanese cars and chinese anything? That's why exporters like China and Japan need us to be prosperous so that we can continue to spend and consume their crap. They gotta keep buying our bonds and our dollars or else their exports will become uncompetitive. I am no economist and I maybe wrong on most of the above but I do know it is to nobody's interest to see this fine country go into another recession. They will pull all the stops including putting a carry tax on cash and savings accounts if they need to get this economy out of it's func. Eventually they will fail but that's waaaay down the line.

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