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Strategies & Market Trends : The coming US dollar crisis

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To: ItsAllCyclical who wrote (10015)8/8/2008 10:49:13 AM
From: carranza2  Read Replies (1) of 71456
 
I keep my eye on the long term so corrections, gyrations, response to a CB's statements, etc., rarely make an impression on me.

The macro-trend for the dollar is clearly down.

We have assumed a huge amount of debt in both the the public and the private sector which can only be paid via the printing press. The bailouts, more of which are coming, will do the same thing. And don't forget that we need to keep the dollar low in order to sustain our new found status as a monetarily-subsidized export platform.

Everything but everything points to a lower USD in the long run.

If you are a trader, well, who knows what kind of short term gyration will take place in response to the soon-to-be-forgotten 'news' du jour.

I like your handle, by the way
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