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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (17321)2/5/2009 9:41:19 AM
From: Tommaso  Read Replies (2) of 71406
 
>>>It doesn't really matter, they run Keynesian economy, so
they can just drop the cash off the hilos to get the
recovery going<<,

Vi, as I see it, there are these possibilities at this time:

1. The United States abandons its $800 trillion plus plan and allows a depression to unfold.

2. The Treasury borrows the money, mostly from sources outside the United States, and the U. S. goes deeper than ever into debt to other countries.

3. The Treasury finds itself unable to sell the debt even at higher interest rates, and the Fed buys the debt.

Some say the world will end in fire,
Some say in ice.
From what I've tasted of desire,
I hold with those that favor fire.

I think there will be an inflationary bonfire that will melt everything, except there will be a pool of gold left when it burns out.
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