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Strategies & Market Trends : The coming US dollar crisis

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To: Secret_Agent_Man who wrote (13318)10/22/2008 7:40:24 PM
From: RockyBalboa  Read Replies (1) of 71454
 
Boy there are a lot of banks insolvent... just look at constantia privatbank or bayrische landesbank; the billion black hole in Defpa/Hypo Real Estate, the gaping 5B hole in the German FDIC caused by Lehman Bankhaus (a German regulated Lehman entity),.... Iceland asked for several billions, you guess where they´ll come from.

Then, watch out for the credit risks in Eastern Europe. Banks believed they can earn Libor + 600 forever there. Nothing disclosed...

The Europeans have decided to dilute the Euro by printing 2 more trillions of them, essentially tripling the ECB balance sheet...

And don´t forget the European J6P: Message 25093980
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