DJIA 0.31% 26,683 dow jones industrials

financial markets and the fed, page-3

  1. 208 Posts.
    You guys do relise the US can pay off their debts if they stopped the Irag war for 3 years. Last budget estimate for the war is running at 500 billion US dollars. What I see coming is a post Vietnam recession coming in the US. As their soldiers return they are going to find a depressed economy with high unemployment. The government is going to be tight on their budget by cutting defense spending and using the extra cash to pay for tax cuts and government debt.
 
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