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Strategies & Market Trends : The coming US dollar crisis

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To: Tommaso who wrote (21702)8/3/2009 11:27:17 AM
From: DebtBomb  Read Replies (2) of 71442
 
There is no borrowing....people are bankrupt, foreclosed on, unemployed, and milked dry by the best....and their 401k's turned into 201k's.

Some banks won't even do jumbo loans anymore.

About 3 trillion in credit lines are being pulled in this year, and rates increased.

More borrowing? with massive record debt and negative equity and unemployed? what a bunch of crap.

The only thing borrowing in the U.S. is the gov't..

And by gawd when that party ends....all hell will break loose, IMO.

Got currency crisis?

Got bank holiday?
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