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Strategies & Market Trends : The coming US dollar crisis
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To: carranza2 who wrote (13425)10/24/2008 7:05:22 AM
From: Real Man  Read Replies (2) of 71456
 
Cause. We have not seen foreign panic out of all US assets
just yet, and US is at the center of the mess. I expect
the creators of derivatives - JPM, Citi, Goldman, Wells Fargo,
and BAC to fail. Treasuries will get sold as US credit rating
(Uncle Sam's) is cut by Mr. Market, not S and P. A lot more
dollars are outside the country, exported over 20 years of Greenie rule.
The same stuff attempted now - crash these foreign countries
by cutting Spoos ratings. Will backfire now, IMHO.

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