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Strategies & Market Trends : The coming US dollar crisis
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To: Real Man who wrote (26065)1/5/2010 1:40:08 PM
From: ggersh2 Recommendations  Read Replies (2) of 71452
 
"Personally, I think this may have been necessary, but unless
the financial system is reformed, we will be facing yet another
derivative meltdown. "The plan" is to do the reform once
the crisis passes. One can be optimistic and say they will
work this out eventually, but we have to see how it all
goes. Personally, my guess is that there will be reforms,
and they will not go smoothly."

I agree on the former, but as for the latter , I can't see
any hope. IOW I'm quite pessimistic that there will be any
meaningful reform. That would mean WS's eventual demise and
I don't see that happening.

But I hope you're right! -g-

Yes difficult times lay ahead and that's being optimistic!
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