KRUGMAN'S SOLUTION TO OUR "DEPRESSION" IS FISCAL STIMULUS... OK...
BUT WILL THE CHINESE FUND IT...?
THE CHINESE HAVE BEEN MAKING NOISES LATELY ABOUT "FIXING UP CHINA"...
NOT SENDING THEIR HARD EARNED CHEAP LABOR TRADE DOLLARS BACK INTO THE US TREASURY TO SUPPORT OUR NOW...QUARTER TRILLION A MONTH BUDGET DEFICITS...!
IF CHINA PULLS THE PLUG...?
OR EVEN DOES NOT SHOW UP AS OFTEN AT BOND SALES...
THE ECONOMIC CONSEQUENCES COULD BE CATASTROPHIC IN WAYS WE HAVE YET TO PHANTOM...!
CHAOS ON THIS LEVEL HAS GOT TO HAVE A VERY BAD ENDING...
I WOULD TELL OBAMA TO RE-BUILD THE SOCIAL SAFETY NET QUICKLY...!! ASAP!
WE ARE GOING TO NEED IT...BEFORE TOO MUCH LONGER...
