SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Stockman Scott's Political Debate Porch

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: abuelita who wrote (29287)10/1/2003 9:52:12 PM
From: Jim Willie CB  Read Replies (2) of 89467
 
get ready for the USDollar to make new lows versus EURO
and reach for the DXY 89 handle
we are heading for a truly scary ride to new lows

AND NUMBNUT ECONOMIC WATCHERS, PAID PROFESSIONALS, AND OTHER HACKS WILL BE SHOCKED AT HOW QUICKLY IT GETS OUT OF CONTROL

we have a few more stages of ALERT status coming
I have been thru a couple US$ declines in my days
we got 40% more coming on the downside
this will feed on itself

the press totally misses how the vicious circle enters a feedback loop
COMPARED TO THE 1970 DECADE...
with 3x as many dollars sloshing worldwide
with 3x as much debt in the economy
with 5x the trade deficit
WE HAVE A FINANCIAL TORNADO COMING


eventually the Fed and GreenScheiss will respond by printing money, thus debasing the dollar more, and using it to monetize and purchase more 10-yr TNotes
but he will feed the tornado

THE MONSTER IS AT THE BACK DOOR

/ jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext