The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: dybdahl who wrote (7426)	5/18/2008 8:47:18 AM
From: Real Man	Read Replies (2) of 71475

I guess, the following conclusions can be drawn from this chart: bp0.blogger.com 1) After the dot-com and stock market bubble of 2000 the US economy started to collapse. 2) In 2003-2005 the economy enjoyed a temporary stabilization without real growth, as the housing bubble inflated. 3) Since 2005 housing bubble pop the US economy and US living standard started sliding into abyss again. This is certainly how everyone on main street feels, given the perpetual slide of Bush's approval ratings, and the true picture is clearly shown. It's funny how that yellow metal tends to reveal the true nature of booms and busts. The main achievement of the Fed and the administration: little unemployment despite a collapse of an epic stock mania thanks to the devaluation of the dollar.

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