Obama silver bullet?

I for my part doubt that very much. It seem he falls in the same traps as others. And that his assumptions on the crisis are still as wrong, and for me it’s clear Obama can not make up for the hopes hanging upon him. I guess he’ll be a better president than His Insanity, but he will pull the wrong strings. The string all politicians need to pull is, more personal responsibility, and indeed it woudl be a good thing to make banker responsible with their property they “earned” at their bank fully. I doubt this will happen and so the banks still will pull in risk they can not handle, if things will go wrong (as thy undoubtly will do someday) they will cry again for ‘mo money. It sucks and as long as Obama does not tackle this really, he’ll be trapped.

I expect a very sharp recesion, even if they spend another few trillions. The only result will be an inflation rate way beyond what we expected the last few decades. Maybe we come back to the rates of the 70ies with around 5-7 % inflation rate. Now tell anything about stealing…. Governement will surely take its share.

Schreibe einen Kommentar

Deine E-Mail-Adresse wird nicht veröffentlicht. Erforderliche Felder sind mit * markiert