The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Don Earl who wrote (14681)	11/19/2008 5:30:27 AM
From: Real Man	Read Replies (1) of 71456

"Anything like that now would push an already trashed economy over a cliff to never never land. Jacking up prime to the levels seen in the 80s would completely wipe out the middle class in this country, and probably set off the second American Revolution in the process." Ah, Don, you finally got what kind monster we are up against. Higher interest rates are forced on the country during depression by foreign investors who withdraw money fearing sovereign devaluation/default... Argentina is that never, never land. Here is 2001 picture. Got a torch? <G/NG> Is adjusted monetary base chart scary enough to T-bond holders? I would not buy those under a gun. <G>

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