The Fed can take the next ten years off. Do you really think they are going to raise rates? This is going to turn out just like Japan. Sure we may get a token rate hike to 1.00% in a couple of years just to make it look like there doing something.
70 relected the dealer. Shiller from Yale would've been a better Fed chief. <object width="425" height="344"><param name="movie" value="http://www.youtube.com/v/xEGywhma69E&hl=en_US&fs=1&"></param><param name="allowFullScreen" value="true"></param><param name="allowscriptaccess" value="always"></param><embed src="http://www.youtube.com/v/xEGywhma69E&hl=en_US&fs=1&" type="application/x-shockwave-flash" allowscriptaccess="always" allowfullscreen="true" width="425" height="344"></embed></object> Japan died years ago.
Yeah, Japan should be dead a long time ago. But they have Toyota and JVC and what else to add to their GDP. I have to quote an interesting comment from the SHTFPlan site from last November http://www.shtfplan.com/forecasting/us-government-total-bankrupt-in-a-year-and-a-half_11102009