Governments can never go bankrupt. They just print more money.
----- Original Message ----- From: "Leland Jackson" <[EMAIL PROTECTED]> To: "ProFox Email List" <profox@leafe.com> Sent: Thursday, November 27, 2008 3:04 PM Subject: Re: [OT] How to determine if a market has hit THE bottom. > Having the USA government go out of business is a risky proposition; > since, an unknown will fill the power vacuum, and its hard to predict > how you and I might fare in the new environment, but the odds are we > wouldn't fare well. > > Regards, > > LelandJ > > > > Pete Theisen wrote: >> Leland Jackson wrote: >> >>> First things first. Having excessive deficit spending is irrelevant, if >>> the USA goes bankrupt. >>> >> >> Hi Leland! >> >> So run up a huge debt and declare bankruptcy? The guys stuck with the >> bill are the richies, vast numbers of whom are foreign nationals. >> > > > [excessive quoting removed by server] _______________________________________________ Post Messages to: ProFox@leafe.com Subscription Maintenance: http://leafe.com/mailman/listinfo/profox OT-free version of this list: http://leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/[EMAIL PROTECTED] ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
