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Strategies & Market Trends : The coming US dollar crisis

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To: John Vosilla who wrote (6180)4/15/2008 12:31:08 PM
From: stan_hughes  Read Replies (3) of 71475
 
Bennie needs to get the USD price of all those 2BR frame houses next to the freeway in San Diego back up to $850,000 in order to keep the corresponding mortgages above water and save his brethren banker's asses

You have to admit, inflating your way to prosperity is one way to repair the bank's balance sheets, and the method also comes highly recommended by Robert Mugabe

As for all the US citizens whose savings are being destroyed and will soon be paying $20 for a Big Mac as a result, well, fuck them, they just got in the way -- give them $600 each and call it a day
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