The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (3723)	1/30/2008 11:00:00 AM
From: ggersh	Read Replies (1) of 71463

What I think everyone over-estimates, is the rate cuts helping the Crisis going on now. The middle class of America has been destroyed. What might have worked in the past might not work in the present or future anymore. Everyone on CNBC loves the financials just because of them being beaten down and the rate cuts will help them the most. whereas the rate cuts are the results of the financials themselves. Head scratching material to say the least. Ya the steepening of the curve will help short-term, but I dont think it solves the problem they created themselves.....IMHO

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