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Friday, May 11, 2012

JP Morgan CEO says USA has Royal Straight Flush .

 

This is a contrarian view that US is done and gone.  The article thinks that US has all the advantage
to weather out the storm.   What do you think?

In the absence of sound economic, monetary fundamentals, can the these advantage flourish?

If the currency is weak, there is deficit, there is inflation, will these straight flush give US the competitive advantage?


JPMorgan CEO Dimon: US Economy Has a 'Royal Straight Flush'

N.B.  He said it before Friday, May ll, 2011.  On that day, the great bank discovered a $ 2 billion trading loss?

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