五千年(敝帚自珍)

主题:2012 大选周记 之一 -- 切地雷

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家园 He will keep on printing

money to accommodate all kinds of constituents who helped him out in this election.

1. USD will depreciate and America moves firmly one step further closer to Greece.

2. Prepare for the next USD crisis which will shake the foundation of global financial system--this time the 2007-2009 credit crisis will look like trivial in comparison.

3. *America will slowly lose out since capitalists will not invest further in America UNLESS ANY EXOGENEOUS SHOCK, such as war. The trend of deindustrialization can not be reversed unless a regional war destroyed the manufacturing capacity in America's competitors: industrialized Europe, Asia and China.

It will be a decade of slow growth, stagnation for America: just deja vu of 1970s.

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