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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: LTK007 who wrote (98256)10/3/2008 2:52:28 PM
From: GST4 Recommendations  Read Replies (2) of 110194
 
As the US goes bankrupt the dollar will continue to collapse. Prices are set on world markets -- and the prices we pay will soar. Anybody who thinks that the US is a country that can be understood in anything other than a global context is blind to the facts IMO. We are utterly and completely dependent on the global economy at this point -- and the price we will pay for our financial mismanagement will be the destruction of the dollar -- there will be a riptide all right, and it will take the dollar out to sea and drown it.
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