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: Grandk who wrote (82583)6/12/2007 12:51:57 PM
From: GST  Read Replies (1) of 110194
 
The precarious position of the dollar relates to the risk that our debts cannot be so easily financed as they have been up until now. We have been beneficiaries of cheap oil, cheap credit and cheap labor. Those three supports for our economy are in the process of evaporating. That leaves us with higher borrowing costs due to a weak dollar, a rising current account deficit as we pay billions of dollars in interest to foreign financiers on the trillions we owe on top of our government deficit and trade deficit, and inflation driven by higher commodity prices, higher labor costs from imports and higher costs due to a falling dollar. This is a recipe for stagflation -- a falling dollar, rising interest rates, rising inflation (meaning a persistent trend towards higher prices in US dollars), and a slowing economy.
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