How well do you think the economy is going in the next few years?

[mai]

Kerotan said:

mai said:

Everyone is biased. If you're from Ireland like your profile suggests, you're lucky one, it's most finest bankrupts from them all. Of course, US will look good from Ireland. At least after all said and done and great deal of the Americans work for food and bankrupt shale oil companies are bought by oil giants, they could make this industry profitable again. Ireland, I'm afraid, will be back to growing potatos. But again, maybe it's only me, who has rather grim look at everything when it comes to the world economic crisis.

In general despite one of the biggest fuck ups ever Ireland is actually in a decent state and the future is bright.  The U S of A is in a much better position and as I said they will go from strength to strength.  Their unemployment rate is very low all things considered. 

That's what they want you to believe to attract more "fools capitals", without much detail...

People should drop illusions that any kind of growth is sustainable and the situation with debt could be resolved without hitting hard reset button, i.e. hyperinflation. I'm just trying to put myself in the shoes of the decision makers who have direct access to Fed's money-printing machine, i.e. suggest the best case scenario for the US (and worst case scenario for everyone else as this's a zero-sum game).

In order hyperinflation to have a good therapeutic effect on US economy it needs to be prepared. Part of this preparation is maximum achievable desctruction of other financial systems and accumulation of worlds capitals as much as possible. In order for hyperinflation to have a possitve effect within the country and to be a first wave of attack at worlds economy, US need to run a full-blown campaign of dollar strengthening. Say, if dollar will grow for years in a row with zero inflation or even deflation and relatively high treasuries rates -- it'll reassure market participants that it's the most desirable payment and reservation instrument. At the moment all criteria match for a "healthy" strengthening of the dollar for a year or two except rates.

Time will tell if I'm right or wrong, but if I do, expect hyperinflation to be the last stage before a big war.