All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: fedhead who wrote (37557)	6/2/2000 5:58:00 PM
From: pater tenebrarum	Read Replies (1) of 42523

Anindo, a currency crisis can be said to be in force already. virtually all the peripheral emerging markets currencies have completely collapsed in recent weeks. gold of course moves inversely to the dollar, and as i have mentioned before, a forced unwinding of the gold carry trade would be a catastrophe for the financial system. however, a currency crisis is certainly NOT the only thing that can derail this market. note that the credit markets are having a seizure right now...and energy supplies are so tight, that a single involuntary refinery shutdown would probably bring about an energy crisis. so there are lots of potential flash points that need to be watched.

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