The coming US dollar crisis Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ayn rand who wrote (25721)	12/18/2009 2:02:20 PM
From: Real Man	1 Recommendation Read Replies (1) of 71454

It's not really stealing. When SHTF a lot of folks assume someone "stole" their money, which is entirely psychological. Bubble assets fall, debt stays, especially when housing is a bubble. That is, because in RE the asset is always leveraged, and it got extremely overleveraged in 2005. Trust me, many of those "evil banksters" who got the "big bonuses" are now themselves in a pretty bad shape, and their profession is hated by the society. "Money", perceived wealth simply evaporates or gets drained into a big black hole. The USD is a component of total American Debt, nothing more, nothing less. Gulp! I'm not saying some folks on WS with govt connections were not successful in securing a lifeboat.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next