“It is important though to recognize if we keep on adding to the debt, even in the midst of this recovery, that at some point, people could lose confidence in the U.S. economy in a way that could actually lead to a double-dip recession,” he said.
Who said?
Barack the genius.
Lose confidence, you say? Why ever for? Because Barack is not the only genius we have running the show these days.
The US dollar fell to a 15-month low though it rose from session lows on Monday after Chairman Ben Bernanke said the US Central Bank is attentive to changes in the dollar and will help ensure the dollar remains strong. The dollar index is trading below 75 mark. (my bold)
Why doesn’t that ease my concern? Got enough beans, bullets, and bandaids?
“Honey, we’re over our credit limit.”
“They’re still taking it though, and we really need one of these.”
By the way, Bayou Renaissance Man had an interesting post the other day, did you see it?
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