Wizard 1- CFO of some type of big financial company , said we are about three years a way from recovery. He said US over built primarily in housing and commercial property sectors and was half way through working through inventory so in about 3 years we will be through inventory and will limp along at about 2% GDP until that point.
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I say a very plausible point of view
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Wizard 2- US not even a capitalist economy anymore really more about who you know.
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Wizard 3- currency trader for some fancy bank or hedge fund . When I asked him was the US dollar going to be replaced by an SDR soon he said that is long ways away but thought that that the Euro would be the thing to replace the dollar.
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I have my own opinons on all this but will mull them for awhile.
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Look out soon for commentaries on John Coltrane vs Miles Davis, Halford Mackinder and Zbigniew Brzezinski.
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