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Why stop at $700 B, we are never going to be able to pay it back anyhow and it will all be inflated/currency depreciated away eventually so why not just do $2T, at this point $2T or $700B there really isn't much difference as far as the national debt goes but a huge difference in terms of what...

I agree though am not optimistic that we will use this window well at all, rather think that the low oil price will put alt energy R&D on the back burner. This in turn will make the next oil shock that much more severe, especially as it takes time for fields that go off line to come back on line...

I wish I could share your optimism regarding the effect of technology on the future price of oil, unfortunately with the price of oil so low it is likely funding, private and government, for alt energy will diminish substantially. Oil at $200 is what we needed for a green technology evolution...

Pekelo? While I have no doubt oil will see new highs again to have discounted the possibility that oil would not retrace substantially with the advent of a global recession was wishful thinking.

Let me preface this by saying that I feel for those who are experiencing financial difficulty due to this credit crisis but for those of us who are lucky enough by circumstance or age to be able to buy in for the long term at current prices we are truely fortunate. I started buying in to the ag...

Certainly more exciting than Gold, in the fugu sashimi sense. On the plus side, if the world devolves in to anarchy and no one will take your precious metal at least with Osmium you can take a sniff and solve all your problems, not so with Gold. :) On a more serious note, keep an eye on...

? While the incident is a sad commentary on our society I question the logic behind your trade idea. It would seem to me that the last retailer one should short is the one that people will literally kill to shop at!

Why Gold? If massive inflation hits then ag and energy commodities will soar and keep pace with more utility than gold (after all what we are trying to do is protect purchasing power right?, no guarantee that gold will keep pace with higher ag and energy prices recent history teaches us that...

You mention you have a 4 year old. Can you imagine what it would feel like to be homeless with your children in a shelter? This is why I suggested you go to a family homless shelter and find out, by asking them directly, how some of those families got there, mostly through no fault of their own...

http://uspolitics.about.com/od/thefederalbudget/ig/Political-Economic-Measures/Debt-as-a-Percent-of-GDP--1940.htm Debt now stands at more than 75% of GDP. http://www.economicshelp.org/blog/economics/list-of-national-debt-by-country/ Interesting article about debt levels talking about...

Wishful thinking. There are other countries out there that will not sit still while yours opts out, eventually the country trhat does not grow will be dominated by the ones that do. Our reality is we are in massive debt and have unfunded liabilities that will crush us if we do not grow...

Agree a must watch interview. Got my attention when he started talking about a potential US default in 2 years.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aXV0d1oZ9HV8&refer=home Someone is.

Article is nothing more than wishful thinking and sour grapes venting.

Greed's memory is short.

I agree doesn't seem likely but you never know, this crisis and the one that is being set up by all these nonsensical bailouts might be just what is needed to prompt some realtistic long term common sense thinking in Washington. I have friends who have start ups or small companies (mostly in...

Good wisdom ammo.

Having been truely beaten, whipped, humbled, etc by the market in my time let me suggest that you focus on what you have rather than what you don't, at least for the short term. Taking a break from the market and news cycle will help tremendously too, you won't be making anything but you won't...

Sorry but this is completely wrong, the only thing that will save the US economy is GROWTH. The more time passes with low or no growth the more likely we are to slip in to 2nd world status both in terms of our relative power and certainly our standard of living.

Its rather obvious, government debt bubble.