Thursday, January 8, 2009

Do The Math...

$1.2 Trillion Defecit PLUS
$800 Billion Stimulus EQUALS
$2 TRILLION!
... and it's only January.

This is bearish for the dollar. And since you and I have our pay, our savings, our equity and assets in US dollars... beware.

Whether you cheer or jeer at the so-called "economic stimulus package"... hold this thought in mind: it's being financed by debt. These amounts of debt were until recently considered lunatic fringe but are now mainstream.

Again... this huge amount of dollar debt is not good for the dollar, your own personal wealth, or the prosperity of your country and your children.

Do the math...