The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life. – Theodore Roosevelt
Already coming to light. Economic bounce will support rates and inflation higher. However, leaving the eye of the storm will follow and we all know that the back half of the storm is always worse...
The first panacea for a mismanaged nation is inflation of the currency; second is war. Both bring a temporary (and false) prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunities.
Predictions-Peter Schiff
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Posted - 08/09/2009 : 11:09:55
