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Politics : Stockman Scott's Political Debate Porch

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To: stockman_scott who wrote (3348)7/27/2002 11:44:06 AM
From: Jim Willie CB  Read Replies (7) of 89467
 
The world’s monetary system based on the dollar is in the process of unraveling.
- Puplava

this will take a few years to play out
with world changing implications

recessions
dollar steep decline
bank system deterioration
growing panic
lost jobs
disrupted lives

and much more
the biggest will likely be a transition to hard safe assets

I strongly believe the USTreasury market will be under seige in the next couple years
so does Puplava

I believe the rise in interest rates will be triggered by a collapsing dollar, which is another bubble that is currently in the process of deflating.

/ jim
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