Interesting article on China's currency, Gold's rise n US Debt
The U.S. needs at least 5% growth in GDP to support its huge and increasing debt load. Raising U.S. rates to defend the dollar is political nonstarter.
Life should NOT be a journey to the grave with the intention of arriving safely in an attractive and well preserved body, but rather to skid in sideways, champagne in one hand - strawberries in the other, body thoroughly used up, totally worn out and screaming WOO HOO! What a Ride! - This is NOT what this blog is about! But its about a glimpse of ideas, strategies, wisdom and temptations my poor soul wades through while I keep thinking to start living this way! some day! soon!
The U.S. needs at least 5% growth in GDP to support its huge and increasing debt load. Raising U.S. rates to defend the dollar is political nonstarter.
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