"Sam Spade" wrote in message
news:0CM4g.174561$bm6.16933@fed1read04...
Matt Barrow wrote:
"Sam Spade" wrote in message
news:Hxt4g.174441$bm6.30468@fed1read04...

Newps wrote:


Sam Spade wrote:


After we reinstate the draft, the Army will hopefully build up fast
enough to control the civil riots that will become commonplace as the
economy folds.


When the economy folds? The economy is booming.

Not hardly. Only the stock market is booming, but stay tuned.


The stock market is booming because investment is booming because GNP is
booming...
Have you checked the weakness of the dollar recently?

Yes.

We've been hearing about that since the 60's.

What about the soaring trade deficit,

http://capmag.com/article.asp?id=4240
http://capmag.com/article.asp?id=3306

not to mention the national dept load.

Yes. Other nations are in similar straits (% wise) with much weaker
economies. Warren Buffet just took a mega-$billion hit from shorting the
dollar.

Then, there are a few airlines going broke, overvalued housing with
negative equity mortgages, and rapidly rising energy prices.

And for all that, the US is much more able to cope with changing conditions
than just about any nation on Earth and much more so than any large nation.