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December 13, 2007

 

March '05 Dollar Oraclation -repost

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"Pete Rose & Social Security"

Employ the Pete Rose option.

Borrow a trillion or three to fund private accounts. Place half or all of these accounts in foreign stocks, currencies or bonds. The dollar careens yet lower and these account are massively rewarded. Zee problem is solved.
Of course, zee barrel of oil then becomes quoted in les stable Euros, rising to $75 a pop, read three bucks at the pump, for the greatest borrowing nation on earth.

From March 11, 2005

(Explanation!
If you're so incompetent as this capitalist mad going-in-debt administration is, just place a bet against your team...Goldman Sachs did...cha ching)

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