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Strategies & Market Trends : The coming US dollar crisis

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To: ayn rand who wrote (25718)12/18/2009 1:39:53 PM
From: Skeeter Bug   of 71454
 
nope. he said he would be almost out of dollars by the end of next march.

the market looks real toppy here. the bank sector is hurting - goldman is $30 off its high!

the valuations are absurd here and earnings will be crap. our lenders are nearing the point of revolt. social security looks to be $50 billion under water already...

rr.com

debts (money as money is debt) are being closed out...

market-ticker.denninger.net

i think rogers sees it as i do... we get a massive deflationary event in Q1 which strengthens the dollar and then the debt producing printing printing presses get turned on to over drive at *exactly* the point people stop lending money to the united states to fund the insanity.

in that scenario, the dollar strengthens through part or all of Q1 and then the dollar begins a jaw dropping descent.
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