Tuesday, January 22, 2008

Buying and Selling

The only limit to our realization of tomorrow will be our doubts of today.
--Franklin D. Roosevelt

What does the rest of the World know about the US economy that we don't?

I’ll tell you what they’re finally realizing: They cannot do as well without the consuming power of the United States as they’d like to think.

The world is made of buyers and sellers.
When the sellers go away, there’s nothing for the buyers to sell.
When America sneezes, the rest of the world still catches cold.

Now, the question is whether gentle Ben Bernanke's 3.5% solution is the right prescription for that cold.

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