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The Water Cooler
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Got a vague word of economist saying the U.S.will be economically doomed in 12 months
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<blockquote data-quote="MaddSkillz" data-source="post: 1406724" data-attributes="member: 1159"><p>Do you all think the federal government can continue to print and spend and waste as they do without ever encountering a financial catastrophe? </p><p></p><p><a href="http://www.ibtimes.com/articles/85424/20101124/china-russia-drop-dollar.htm" target="_blank">Both Russia and China are taking steps to move away from the dollar.</a> Do you think this will negatively impact an already poor situation for the dollar?</p><p></p><p>Just seems there's a lot of head burying going on in this thread. Can someone list some positive things the dollar has going for it? Likely scenarios that would keep our current situation from getting any worse?</p></blockquote><p></p>
[QUOTE="MaddSkillz, post: 1406724, member: 1159"] Do you all think the federal government can continue to print and spend and waste as they do without ever encountering a financial catastrophe? [URL="http://www.ibtimes.com/articles/85424/20101124/china-russia-drop-dollar.htm"]Both Russia and China are taking steps to move away from the dollar.[/URL] Do you think this will negatively impact an already poor situation for the dollar? Just seems there's a lot of head burying going on in this thread. Can someone list some positive things the dollar has going for it? Likely scenarios that would keep our current situation from getting any worse? [/QUOTE]
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The Water Cooler
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Got a vague word of economist saying the U.S.will be economically doomed in 12 months
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