The coming US dollar crisis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: NOW who wrote (16385)	1/17/2009 6:23:39 AM
From: Real Man	Read Replies (1) of 71475

We'll see. We both see reasons to be optimistic. The cleanup process is getting under way, although the details are unclear at the moment. -g- I personally think the derivative mess created by JPM, C, BAC will be nationalized. The three names, at least. Nationalized, broken up, and released back to the public with contracts effectively cancelled by nationalization (those are bilaterial), following Volcker. This will be done by Central Banks around the globe with similar large derivative entities. So, quite likely, C, JPM, and BAC are going to zero.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next