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Strategies & Market Trends : The coming US dollar crisis

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To: NOW who wrote (38839)6/3/2011 6:38:53 AM
From: Real Man2 Recommendations  Read Replies (3) of 71475
 
In a nutshell, because the fed always "steps in" and writes a put
whenever this "system" is in trouble, it got more and more reckless
with risk. So, the credit bubble now exceeds all credit bubbles previously
seen in history. This can't be taken lightly, the consequences were
always severe, but it's too late to "fix", we have to go through a
prolonged period of pain.

Adverse political reaction to pain prompted the Fed to step in
and write puts. The bubble grew bigger. That was "kicking the can".

They have not done anything differently now, but it seems can kicking the can
stopped working? Time to pay the ultimate price?
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