The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Giordano Bruno who wrote (7359)	5/16/2008 1:15:40 PM
From: Real Man	Read Replies (1) of 71463

Yep, folks are pissed to be paying for privatized gains. That just means we can socialize more losses and privatize more gains -g- They transferred all risk on the Fed... again. "The use of a growing array of derivatives and the related application of more-sophisticated methods for measuring and managing risk are key factors underpinning the enhanced resilience of our largest financial intermediaries." "…the success [of derivatives] to date clearly could not have been achieved were it not for counterparties' substantial freedom from regulatory constraints on the terms of OTC contracts. This freedom allows derivatives counterparties to craft contracts that transfer risks in the most effective way to those most willing and financially capable of absorbing them." Alan Greenspan, 2003 jessescrossroadscafe.blogspot.com This is John Law type Ponzi scheme, with the Fed and the currency feeding back directly into it. It ends with a currency collapse...

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