onsdag 11. juni 2008

The shift of power

I've read about Bernanke for some time now and I'm somewhat surprised by the path he has chosen.
Americans has been "maxing out" everything for years now and foreclosure date is upon them. Still Bernanke cuts the interest rate in an "inflational" pace and Bush prints more money. It's like trying to repair a broken dam using nothing but your bare hands... Well... it's not working I'm afraid.
It's time to pay up.

My advice is for americans to do what they're best at... take a beating and get back up! You could call it... ride out the storm.

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