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: Roads End who wrote (282762)	10/14/2010 6:49:11 PM
From: Perspective	Read Replies (1) of 306849

No, but he's right that QE2 won't do squat to help the economy, will set the stage for a global market crash, and could undermine faith in the dollar in an unrecoverable fashion. IOW, it can't help, but it could create a disaster. Benny's used to financial markets that he can jam in 15 minutes on an option expiration Friday; when confidence in a currency disappears, it might not come back. Stock markets are fickle; currency markets seem to be more like freight trains - hard to stop once they're in motion. Of course, the real fix isn't political either, except to stop f***ing bailing out everyone under the sun and let the needed restructuring HAPPEN. `BC

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