The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: carranza2 who wrote (5361)	3/22/2008 11:07:16 AM
From: Real Man	Read Replies (1) of 71462

The buck has been dropping for some time. I see a crisis ahead, which should accelerate the drop and make the buck a lot cheaper. This should happen relatively soon - the end in time is near. Perhaps, a year or two, and a drop to, say, 40-50 USDX - the way I see it. Then exports start recovering big time. As for the economy - well, the debt bubble has been enormous, with derivatives on top. So? We are in for some very rough times, but this too shall pass -g- That's an optimistic scenario. In a pessimistic scenario the Fed starts the printing presses and the buck goes to zero. I just hope they know better.

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