The coming US dollar crisis Message Board

STOCKTALK

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 coming US dollar crisis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: RJA_ who wrote (1348)	10/6/2007 8:12:09 PM
From: stan_hughes	Read Replies (1) of 71456

Unfortunately I know him not. All I see is the same pedigree that you see. The BofC is in a box right now along with a lot of other countries -- they would like to be able to raise their own domestic rates to inhibit inflation, but they are all snookered -- if they do raise, they will only make themselves that much more attractive to the carry trade and drive their own currencies even higher, adding to the demand destruction of their long term export capabilities. It's a lose-lose situation for most, and it explains why gold is inexorably rising against all their currencies. Global interest rates are too low, and the US is the keystone to that. Small wonder then that for all the former rah-rah about global growth driven by US consumption a while back, now that the consequences are becoming apparent, not many are very happy at what the US glutton has wrought upon them

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next