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.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Johnston who wrote (62253)5/30/2006 8:04:19 PM
From: GST  Read Replies (1) of 110194
 
Show me how a country with a trollion dollar current account deficit can maintain its value over time and I will believe there is a chance to save the dollar. If the dollar cannot be saved, show me a country that experienced a sharp downward move in their currency without experiencing inflation. The deflationists seem to think that a slowdown in consumer demand will send prices lower. They seem to think that a few million people in trouble on their mortgages is the most important thing going on in the US economy. They seem to think that the US housing bubble is large by historic standards.

What is large is the dollar bubble -- almost beyond comprehension. And for that there is no cure in sight -- it is far too late to prevent the dollar from dropping to its long run value and wiping out American "wealth" en masse -- all our assets, our incomes and our cash rendered worthless.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News