THE PROBLEM IS THAT THERE WAS NO OTHER CHOICE...!
BUBBLES ARE REALLY ALL THE US ECONOMY CAN PRODUCE NOW...THERE IS VIRTUALLY NO UNDERLYING PRODUCTION CAPACITY IN THE US... AMERICANS DON'T "DO" PRODUCTION.
BUT WHO WILL BUY THE "NEW BUBBLE"....OTHER THAN THE FED SUPPORTED INVESTMENT BANKS IN THE US...WHO HAVE THEIR MARCHING ORDERS FROM WASHINGTON?
FOREIGNERS SEEM TO HAVE SEEN THROUGH THIS NONSENSE...AND ARE DUMPING THE DOLLAR HAND OVER FIST...
P.S
AND I HAVE A HOTEL IN EUROLAND BOOKED FOR AUGUST ... PRICED IN EUROS!!