Wednesday, September 23, 2009

Tailpiece: As for the US fiscal stimulus to the economy, the following comments from Marc Faber’s monthly bulletin (June 2008) are interesting:
· “If we spend that money at WalMart , the money goes to China.
· If we spend it on gasoline it goes to the Arabs.
· If we buy a computer it will go to India.
· If we purchase fruit and vegetables, it will go to Mexico, Honduras and Guatemala.
· If we purchase a good car it will go to Germany.
· If we purchase useless crap it will go to Taiwan and none of it will help the American economy. · The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only things still produced in US.

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