SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Skeeter Bug who wrote (21366)7/16/2009 5:34:53 AM
From: Real Man2 Recommendations  Read Replies (1) of 71445
 
I'll give manipulation a few months at best, then it all goes down the
drain in an ordinary currency run fashion. The Fed is fighting
policy failure, so things are supposed to get really ugly soon,
once collapsing derivative pyramid overwhelms them. Printing
will hurt, as folks exit the treasuries en masse, and stocks will
collapse too.

Our country is bankrupt. It is too big to fail. These days
things too big to fail, fail, in a spectacular fashion. The
QE policy failed already, as it drove rates higher.

Last year we manipulated our currency as it threatened to
collapse. So, our discredited agencies downgraded countries
who are our creditors, causing the dollar melt-up. It won't
work again.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext