The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Amelia Carhartt who wrote (17644)	2/14/2009 8:27:21 PM
From: RockyBalboa	Read Replies (1) of 71456

Hm... to second that what the black swan mentioned: Is there any written order that the current world order (or wealth distribution) is to be preserved?? How about transitioning back to bicycling and farming, like the chinese do? What if the end result of the current crisis is, simply a likely painful reallocation of wealth which no amount of federal help can hold up? Like a tidal wave, sweeping all well paid jobs, funding opportunities and federal treasury refinancing at a time? ----------- And we sit here with our well endowed 5k jobs and 6, 7 figure brokerage accounts and paying stiff monthly bills... and wonder how some billion people can live off $100, or less. Hard to imagine but they do (and we clearly believe they ain´t happy. Are they?) And I just try to smell the tea: Here too, unemployment is rising and rehirings are ominously low meaning that people are much longer on the street than in previous years. What is in 5 years if in the meantime a number of industries shut down or relocate? Government is handing out unseen amounts ofunemployement benefits and, tax revenues both from individuals and corporations are at the same time decreasing...

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