Why Alstry is So Alstry
I warned..... if you are using the past a a reference, you are looking in the wrong place. What we are about to face we have never seen before.....I have been telling you this for months........soon.....I am confident very soon.......you will believe..........
The Treasury Department is considering novel approaches to debt management, said Karthik Ramanathan, Treasury's point-man on debt issues on Wednesday. "As we move forward in thinking about how to potentially raise a significant amount of debt over a relatively short period of time, we recognize that we may need to progress beyond the conventional means of the past, particularly if our borrowing needs do indeed reach the upper end of market estimates," Ramanathan said in a speech in New York. Wall Street analysts have forecast that the federal budget deficit could reach almost $2 trillion this fiscal year as a large fiscal stimulus package is being considered by President-elect Barack Obama on top of the $700 billion financial market rescue plan.
Either your savings is about to become practically worthless............or............well you know.
A $2 Trillion dollar deficit?????? A $100 Loaf of Bread???????
Hang on.....it is going to be one heck of a ride........who knows to where...........but one heck of a ride.