The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (28328)	5/5/2010 10:54:11 PM
From: axial	1 Recommendation Read Replies (1) of 71456

gg, the rot is embedded. Unless Rubin's protegés in the White House get their walking papers, every effort at prosecution and effective regulation will be defeated from the inside. Neoclassical economics is embedded in finance - and not just in the US. The only ones making any resistance are the Europeans. There is a very small chance (almost negligible) Obama will see what he has done, and make corrections. Even if he does, there's zero chance that changes will get past bought legislators. The crooks are winning, and ordinary people are losing. The gap between rich and poor will grow, TBTF will continue economic predation and fraud, and enormous amounts of capital will diverted from the economic virtuous circle. You're right. We're screwed. Jim

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