Iraqi Dinar Discussion Board

[waggett]

I suspect that the really smart people know the bottom is going to fall out and there isn't anything we can do about it. Wall Street had a housing orgy and, with the blessing of our Government, threw the rule book out the window. Now that the bubble has finally burst the Government is trying to stop the price corrections that are demanded by the nature of our free market system, and unfortunately in typical fashion their solution is to throw all of our children's money at the problem and hope it goes away.

This problem came about because we created and spent money that didn't exist, essentially naked shorting the United States. Now that we have to cover the short we're doing it by creating and spending more money that doesn't exist. Eventually the Asian markets will get tired of this and stop buying our debt, and that my friends is when the teetering merry-go-round we're riding will finally grind to a halt and the depression will begin.