America is just about bankrupt, the amount of money they currently owe is massive, over 10 trillion dollars..
http://www.brillig.com/debt_clock/
China's banks are being warned not to lend to USA institutions and the US dollar is becoming weaker all the time.
Other nations are looking to buy euros instead.
http://www.doomers.us/forum2/index.php?PHPSESSID=d12db5af5d6e954eab2bc5771ca0a706&topic=25973.msg340989#msg340989
The word is the subprime mess is greater than the 700 billion they are throwing away.
That is why i think we will see sub 10,000 on the Dow before long.
Target 7500
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