[EMAIL PROTECTED] wrote:

> Fascinating stuff Jim
> 
> Can anyone guess which country will be #3 -- after Japan?
> 
> One gram to the winner! :)

The US.

"A Fibonacci Expansion of M3?" - Robert Gregory
http://www.gold-eagle.com/editorials_02/gregory011102.html

The mythical surplus is gone. Current Republican president
sounding just like a Democrat (promising more spending anyways).
The biggest debtor nation in the world. Massive unfunded liabilities.
Military in 141 countries in the world. A central bank reeling from 
one side of the road to the other. A banking system with reserves
down to about 1%. It's currency forming a long term topping pattern.
... ah heck. I quit. I don't have the 8 hours to finish this 
paragraph. :)

Bob

"A democracy cannot exist as a permanent form of government. It can only
exist until the voters discover that they can vote themselves money from
the Public Treasury. From that moment on, the majority always votes for
the candidate promising the most benefits from the Public Treasury with
the result that a democracy always collapses over loose fiscal policy
always followed by dictatorship." --Alexander Fraser Tyler

-- 
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         A Directory of Web sites and Internet 
          presences accepting non-fiat monies.

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