The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Broken_Clock who wrote (238532)	2/16/2010 12:41:44 PM
From: Beachside Bill	Read Replies (1) of 306849

<The dollar is gaining because government deficits in Greece and other EU countries> BS... The financial community is trying hard to make a big deal about Greece and Spain which have a GDP combined that is so small that it is laughable. This is a fiat currency race between Japan,EU,and the US to devalue its currency faster then the others to increase exports... a lose,lose situation. China knows US commodities will hold value better than US debt. With all the OECD countries playing the fiat game, I am thinking the commodity buying will have a better return then the IMF bonds China is buying over a couple of decades.

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