The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: gregor_us who wrote (26368)	1/21/2010 1:27:16 PM
From: Real Man	7 Recommendations Read Replies (1) of 71475

It's possible, but restoration of Glass–Steagall is a very positive real measure if it comes back. We are screwed no matter what, given the size of popped bubbles, the state of the real economy, etc. The sooner we start real reforms, the better. This is the first real step to actually address the problem, as opposed to making it a bigger problem by injecting liquidity into derivative Ponzi scheme. JMHO. Can it trigger a crisis? Yes. Quite likely it will! Banks will also fight the regulation and could turn it into something irrelevant that can be bypassed. I applaud this move, but we have to see what comes out.

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