The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: LTK007 who wrote (11185)	9/17/2008 5:54:08 AM
From: Real Man	Read Replies (1) of 71463

LEH was a tiny counterparty... 768 Billion notional, 37 billion Real value Citi has 32 Trillion notional, JPM = 100 Trillion... AIG??? Futures have gone wild with short term volatility. That always precedes a market crash, but ... the reverse statement is incorrect, it does not mean the crash will happen. Crashes are rare. The Fed has no money left (apart from their back room machine), so we are on watch for that possibility. The operation someone undertook in currencies must have drained their account completely - if you believe such things exist, of course. <G> guardian.co.uk

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