SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Vosilla who wrote (4752)3/9/2008 3:03:31 PM
From: Real Man  Read Replies (2) of 71406
 
All opinions are welcome here, except for spam and personal
attacks -g-

Mish, however, has been wrong on a few things for some time,
and he is defending his opinion quite vigorously. His point
is not hard to get: debt collapse = decrease of money supply =
deflation. It seems the reality of global economy is more
complicated than that. I read his blogs, of course. However,
it is hard to agree that debt collapse will necessarily
cause dollar appreciation, especially with high degree of
borrowing from foreigners. It is also not easy for me
to eat T-bond rally, since the US government is in debt up
to its ears. The debt crisis will just spread to US government
paper, like everything else. It's not immune from the slump.
That's my personal opinion only -g-
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext