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 (3869)	2/4/2008 8:58:53 PM
From: carranza2	Read Replies (2) of 71461

Yup. Something is going on. Many US banks and financial insurers are insolvent, is what. Rather than die a slow death, the CBs may want to act decisively and in concert because BKs of banks and houses will have huge global implications. Adding to the problem is the fact that they aren't getting fresh capital. My guess: BSC is waving a white flag, ready to call it quits. It will IMO be the first one to go if no bailouts are engineered. They had better get the creditors in on the deal, i.e., China, the Arabs, et al, because any solution will probably be quite inflationary. I frankly think this is beyond the CBs but that hasn't stopped the bastids from trying to ruin my SKF short play.

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