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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (191)6/17/2007 12:34:56 PM
From: stan_hughes  Read Replies (1) of 71475
 
Great analysis, wish I could learn to be so brief

Re: timing/ultimate triggers in the US markets, your guess is as good as mine -- sooner or later there will be a discounting of Democratic vs Republican control and the expected tax changes (not meant to be a political comment, just a reasonable expectation). Chinese Olympic-related slowdown? Early boomers cashing out? All of the above? Beats me how high things will get in the meantime, but the bigger the up-wave, the bigger the down-wave

Re: carry trade reversal, the flipside of USD cratering is the pricing of everybody else's currency and therefore their goods out of orbit + crushing US domestic interest rates = global trade goes into the crapper = worldwide recession/depression = no asset class goes unscathed

Not pretty, and nowhere to hide either. Even the completely uninvolved will be touched
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