Monday, February 28, 2005

Ouch. the truth hurts.

Honey, I shrunk the dollar : "When a country lives on borrowed time, borrowed money and borrowed energy, it is just begging the markets to discipline it in their own way at their own time. "

Posted by jv at 9:33 PM

1 comment:

Anonymous said...

Jerry:

Nice post. Tom is always a good read, but usually on the subjects of Israel and the Arab Middle East.

At this pont I'm really glad we've got a reasonable 30 year versus a soon to be broken ARM.

9:33 PM

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