Re: The differences between 1929 and Today
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if 1/2 of the parlay is true thats fine. all i know is the main part of it (US traded oil for security purchases/deficit financing) is false.
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you don't know that it's false. you think it is not true.
yesterday you would have said the part that you now know is true was false.
you not smart if u think u know it all.
btw, it took legislation for the US to be able to sell to japan. where u think that legislation came from? you think national legislation can't have political motivations?
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sell what? oil or treasuries to japan?
anyways, legislation obviously has political motives, pretty much by definition.
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just look to current china financning our debt and the dance going on.
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what is your claim here? china financing our deficit was an ancillary effect of china's political decision to grow via exports. it has since obviously grown to a political discussion in the US since it has repurcussions here.
Barron
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