OXR oxiana limited

The problem is that the US, once having themselves dug in, see...

  1. 22,691 Posts.
    The problem is that the US, once having themselves dug in, see no way to escape from Iraq. It was bad enough to extricate oneself from Vietnam, but we need a valid Govt in Iraq, more so because the oil is there.

    I suppose we can fill pages with words but at least till the election, there won't be a slowdown in expenditure. And there will be little after that as well.

    The Printing presses keep on rolling so no luck there.

    The US Householder is up to his/her neck into debt as well; increasing interest rates too fast will have a flow-on effect on the prices of houses so that is not on the Agenda either just now.

    Gerry
 
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