Note To Currency Speculators
By Mitch Berg
Short-sell the Afghani.
President Obama the foreign policy naif is talking “Exit Strategies” again:
“There’s got to be an exit strategy,” Mr Obama said in an interview with the CBS “60 Minutes” programme on Sunday. “There’s got to be a sense that this is not a perpetual drift.”
Mr Obama’s comments come as his administration prepares to roll out its new strategy for Afghanistan amid rising insurgent violence that has called into question the viability of a seven-year-old US-led effort to create a functioning democracy.
There is no such thing as an “exit strategy” There is only winning, or accepting defeat.
March 23rd, 2009 at 6:55 am
If Obama is going to be reduced to repeating cliche’s it woud be nice if he picked one that included the word ‘victory’. The troops might like that.
March 23rd, 2009 at 8:36 pm
Currency Speculators would do well to short the dollar: the Chinese, our bankers these days, are calling for a new reserve currency. Between this, monetarizing the debt, and the coming bank bailout inflation is a given.