Saturday, March 07, 2009

If the New York Times is right, and what we are seeing is a necessary restructuring of the economy, then the high unemployment rate is indicative of out-sized opportunities. As the economy restructures, talented people are released and are now able to help the visionaries who can see the future.

If we can just silence those creeps who keep whispering about inevitable currency revaluations -- which would require a constitutional amendment anyway -- we can focus on the fact that the United States is the wealthiest country in the world, and capital's favorite haven.

But what if we are selling our sound dollars in exchange for soon-to-be-revalued foreign currencies? Currency revaluations are quite contagious.


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