Not for US citizens with their assets denominated in $USD... it's DISASTER... BANKRUPTCY for nearly all of them/us. It would be GREAT... for foreigners to swoop in and pick up American assets/land on the cheap. Then, we would be owed by somebody else. Would that be good?
You have to love the way this market works. However, we have POMO everyday (yes, the Fed is buying assets every single day) for the next 3 weeks so anything can happen.
Yes, by all means, we must cut off our nose to spite our face!! Please do the world a favor and use birth control. Our only hope is that your twisted logic dies off within a generation.
Oh, yeah? Well, 现代汉语常用字表; and furthermore, ("בנטו צר"), שהתפתחה במזרח אפריקה במהלך האלף השני לספירה, תוך מגע הדוק עם השפה הערבית. הדקדוק והמורפולוגיה של השפה מעידים על היותה שפת בנטו, אך אוצר המילים So stick that in your pipe and smoke it!
Bernanke is saying, "In spite of all the criticism the Fed has received both at home and abroad... the fact remains that I KNOW BETTER THAN ALL OF YOU (world leaders and economists) PUT TOGETHER". Sounds like the Odumba/Pelosi message, doesn't it??