The avg guy and his wife might be spending $100- $150 a week 0n gas....or more...hopefully they don't smoke too!
Simon Johnson "Geithner's Gamble" excerpt
LOS ANGELES –" In a recent interview, United States Treasury Secretary Tim Geithner laid out his view of the nature of world economic growth and the role of the US financial sector. It is a deeply disturbing vision, one that amounts to a huge, uninformed gamble with the future of the American economy – and that suggests that Geithner remains the senior public official worldwide who is most in thrall to the self-serving ideology of big banks."
Martin Feldstein sees a day where China no longer has a trade surplus and that could be trouble."
Doug's "Monetray Disorder"
"But the makings for a serious inflation problem seem to become more cohesive by the week. Global central bankers are determined to bring new meaning to the term “behind the curve,” which connotes eventual “hard landings.”
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