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: ggersh who wrote (17131)	2/1/2009 10:11:33 PM
From: Real Man	Read Replies (1) of 71455

What worries me most is the T-bubble. The Fed setting rates way below fundamentally warranted at this uncle Sam's credit rating (uncle Sam took all the credit bubble monstrosity on his balance sheet, and he had his own set of huge credit problems before!), and some really astronomical amounts of derivatives (swaps) are tied to these rates. A devastating bond crash could make all that happened so far a walk in the park. What the crisis mentioned in the thread head and by Noland means is that the country completely disintegrates economically in a matter of a week or two. It could be very speedy and EXTREMELY ugly because of these darn derivatives. I mean, can't stop at the RED light or walk without getting killed kinda ugly.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next