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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (27212)12/3/2009 12:10:20 PM
From: LLCF  Read Replies (1) of 74559
 
Jay,

LOL... never doubted the long term destruction of $US... just wondering about the severity of intervening deflationary headfakes due to destruction of debt in overleveraged economy.

So far, write downs seem orderly..... the viscious dollar rally notwithstanding.

I'm of the thinking that there will be at least another round of debt destruction shortly... never like to give back more than necessary. :))

Hope all is well! Nice to hear from you.

DAK
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