The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Tommaso who wrote (4225)	2/12/2008 11:05:35 AM
From: Real Man	of 71456

Message 24304899 This gives me a little hope, the improvement of current account deficit as a percentage of GDP. We should see more of a decline, perhaps much more (50-s), but there is a light at the end of the tunnel, hopefully. Inflation won't run inverse to the dollar slide, a lot slower. However, expect a lot more of it, not less. The key idea, of course, is to bail out the housing bubble with less pain than otherwise would be necessary. Turkey had 80-100% inflation in the late 90-s. We could get up to 16-18% in 2-3 years, per Williams' statistics.

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