Gulp!

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What's it gonna take?
We're going to see a bottom swelling from inside the ranks. You're beginning to see it. What happened with the soldiers asking those questions, you may see more of that. I'm not suggesting we're going to have mutinies, but I'm going to suggest you're going to see more dissatisfaction being expressed. Maybe that will do it. Another salvation may be the economy. It's going to go very bad, folks. You know, if you have not sold your stocks and bought property in Italy, you better do it quick. And the third thing is Europe -- Europe is not going to tolerate us much longer. The rage there is enormous. I'm talking about our old-fashioned allies. We could see something there, collective action against us. Certainly, nobody -- it's going to be an awful lot of dancing on our graves as the dollar goes bad and everybody stops buying our bonds, our credit -- our -- we're spending $2 billion a day to float the debt, and one of these days, the Japanese and the Russians, everybody is going to start buying oil in Euros instead of dollars. We're going to see enormous panic here. But he could get through that. That will be another year, and the damage he à ­s going to do between then and now is enormous. We à ­re going to have some very bad months ahead.

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This page contains a single entry by katherine published on January 26, 2005 5:11 PM.

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