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Skybird · 11-04-10, 05:47 AM

Bernanke wants to print another 900 billion, media report. Isn't that the real story to discuss?

In the end, the question of whether or not private persons have health insurrance in America, is of no direct importance for Europeans. What is of intrest for us is all American decision-making that effects the international economic and financial market, the deficit, the substantial structural problems, the attempt of the Fed to artifically devalue the dollar (ironiocally what they accuse the Chinese of), the debt burden. All these characteristics of present America - costs all other nations and economies much much money.

As long as the Fed is allowed to go on rampage whenever it wants, any disucssion about the costs of the health reform being too huge, is almost pointless, and more a controvery about pure ideologics.

Forbes magazine, btw, today has released it'S list of most powerful people in the world. 1st place is no longer the US president, but the Chinese premier Hu. With US finances constantly detoriating and leading the country into increasing dependency from foreign nations, that is unlikely to change again soon.

11-04-10, 05:47 AM	#2
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,650 Downloads: 10 Uploads: 0	Bernanke wants to print another 900 billion, media report. Isn't that the real story to discuss? In the end, the question of whether or not private persons have health insurrance in America, is of no direct importance for Europeans. What is of intrest for us is all American decision-making that effects the international economic and financial market, the deficit, the substantial structural problems, the attempt of the Fed to artifically devalue the dollar (ironiocally what they accuse the Chinese of), the debt burden. All these characteristics of present America - costs all other nations and economies much much money. As long as the Fed is allowed to go on rampage whenever it wants, any disucssion about the costs of the health reform being too huge, is almost pointless, and more a controvery about pure ideologics. Forbes magazine, btw, today has released it'S list of most powerful people in the world. 1st place is no longer the US president, but the Chinese premier Hu. With US finances constantly detoriating and leading the country into increasing dependency from foreign nations, that is unlikely to change again soon. __________________ If you feel nuts, consult an expert.