Ahrenl
join:2004-10-26
North Andover, MA | reply to rahvin112
Re: High turnover rate The subprime "fiasco" has nothing to do with the government, except maybe when the fed cut rates too low which spurred "irrational excuberance" in the housing market casuing speculation and excessive risk taking. Since that was done by Greenspan, who was appointed by Reagan, maybe you should blame him instead.
As for the dollar losing its reserve status, it's not even possible right now. There just aren't enough assets/debt outside of the US for the money to go to. |
