The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: saveslivesbyday who wrote (1073)	9/20/2007 9:07:05 AM
From: Real Man	Read Replies (1) of 71446

The Fed tried to TALK tough, while cutting 50 bp. They just lost all credibility. Now tough talking won't work. This is very dangerous imho. Treasuries are getting sold today along with stock futures and the dollar. This might just be the beginning of the HELL to follow: 10-15% 10-year rates, DOW=5000, USDX = 40. Trade deficit number will sure be bad with oil hitting 82. How much treasury paper do foreigners hold? Most of it.

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