Wednesday, February 27, 2008

It Ain't What It Used To Be (But What Ever Is?)

Economists are generally about as smart and independent minded as political hacks.

Noted: Ahhhhh. Ummmmm. Gee whiz. Huh?

But the U.S. Dollar is in trouble. For a variety of reasons.

Not the least of which is that this country will be carrying $10 TRILLION in debt by the time a new President takes over at the beginning of next year.

And what person/country in their right mind wants to hold currency issued by a entity DROWNING in red ink?

Time to go long on the Dong?