The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: yoremopnhoj who wrote (30870)	10/13/2010 7:04:12 PM
From: DebtBomb	Read Replies (1) of 71479

The dollar is done, IMO. It's going to plunge right through 71 from back in 2008. Back then, we didn't have any of these structural problems. Now, ben has blown $14 trillion on the bailout bubble....and more coming to bail out banksters. QE's through 2023? Two years later now.....the DEBT BOMB is enormous with 10,000 baby boomers retiring every single day. The entitlement bomb is building, pension plans busted, states going bankrupt. Losing wars draining the treasury....while we're in peak oil. New dollar lows are inevitable, IMO. This isn't even economics 101....it's economics for dummies. Worthless dollars backed by nothing but a printing press, LOL.

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