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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (5450)3/24/2008 1:46:59 PM
From: stan_hughes   of 71455
 
"Despite any number of policy actions and all the good intentions imaginable, there is absolutely no way that the U.S financial system will now be capable of sustaining either the (pre-bust) quantity of Credit or the uniform flow of finance that levitated Bubble Economy asset prices, household incomes, corporate cash-flows, “investment” spending or consumption. Huge sections of the Credit infrastructures (notably throughout Wall Street-backed finance) are inoperable and disCredited. Prominent Monetary Processes have been broken and the resulting Flow of Finance radically revamped"

Precisely. Noland has always had a level head
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