The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (17083)	2/1/2009 12:19:10 AM
From: carranza2	Read Replies (2) of 71445

Without outright nationalization and cancellation of contracts the spike in T-rates and the dollar crash, leading to detonation of 500 Trillion in rates swaps seems inevitable, so them large derivative monster banks will go bankrupt anyhow or the government will own them. The bailout won't work. Couldn't be said any better. Bank nationalization is therefore a given. Commonm share holders are screwed. FAZ and SKF go through the roof.

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