Even keel

Is the economy coming back up? Who knows. The "experts" say either yes or no depending on who you listen to. The NYSE and the NASDAQ have a positive outlook for a Bullish market. But then, they almost always do, don't they? More conservative opinions lie with low level spending on a personal level, but economists indicate that people are beginning to venture out and start spending again. It's a slow process, but eventually the economic strain will lessen and the money will start flowing more readily. It always does. And this is a relatively short recession to boot compared to those we have experienced in the past.

The really big problem we have now is how to recover the national debt. Ranging in the trillions, recovery will not be seen in my lifetime, and I'm 59. What will be next? More debt in the Godzillions? I have nothing but pity for our children who will be burdened with the full brunt of this economic disaster. Excuse me, but I don't believe that you can save an economy by spending more money than you don't even have in the first place. We are tapped out, and we are relying on the international community to bail us out. Why would they do that? We can't even get countries like Japan, a world economic leader, to pay us back for our contribution to their economic recovery after WWII. Communist China (and I use the term 'communist' loosley) is more capitalist than we are. But do you think we could get any money from them? Not likely.

There are a few countries in the world who are patiently waiting for the United States to economically implode. Among these are the Communist nations of China and North Korea. Russia also is waiting in the wings, and is slowly rebuilding its formidable military, for what reason is anybody's guess. Hardliners in Russia would like to recover and re-institute the USSR and become the super-power they once were. The ability of the U.S. to prevent that has weakened considerably, and I fear that soon we will no longer be on top of the hill. Those of you who say that will never happen need only look to history. Every nation that aspires to control it all has failed, the longest running being the Roman empire.

The prospect of world domination by authority other than the U.S. leaves our military leaders in a continuous DEFCON3 stance, poised to react to anything and everything. Stabilization of the world economy is the key to relieving the tension and relaxing to DEFCON1 mentality. With a little skill and a lot of luck, our freinds on Wall Street and the Euromarket will be able to stabilize the world soon. Of course, nothing will ever stop the middle east BS, except 'you know what'. If that happens, we have a whole new set of problems. Later.