Quote:
Originally Posted by henry quirk
Assuming it gets that far: of course it'll have an effect.
That's what I'm countin' on.
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So you love it that extremists are playing right into China's hand. China has long wanted the US dollar removed as a world standard. They make a compelling argument to the world. The US is so full of extremists that cannot see beyond their nose, then that dollar should be replaced by a basket of currencies.
Of course extremist will say that is not a problem. These are the same people who created that massive recession in 2007 - almost created another 1929 and 40% unemployment. People forget how close we came to falling off the cliff because wackos said, "Reagan proved that deficits don't matter" and even tried to put Social Security into the stock market.
Apparently extremist routinely forget the lesson of history – especially their own mistakes.
Ironically, I make money if the wacko extremists do make America fail. Says how much faith I have in Cantor and the boys.