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 (29262)	7/14/2010 9:04:51 AM
From: Real Man	Read Replies (1) of 71409

SHTF. In other words, both high inflation and high unemployment - and, possibly, high interest rates later on. A lot of bankruptcies and a significant collapse of the Boyz WS shop, the financial system. Hopefully not, but it sure looks like where we are headed thanks to very high debt levels at all levels, public and private. Government default by devaluation? Money has to reside SOMEWHERE. So, we need to watch in which direction scared money will run. A currency crisis requires it to run out of the country, but where, if the whole world is in the same situation? So far it has been US and German govt. bonds and gold.

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