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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (42578)10/11/2011 7:23:11 AM
From: carranza22 Recommendations  Read Replies (1) of 71412
 
Buried deep in this Telegrph article is a quote from the German Finance Minister indicating that the EFSF will not be allowed to lever it's 440 bn Euros and lend directly to banks. That's powerful.

telegraph.co.uk crisis/German-push-for-Greek-default-risks-EMU-wide-snowball.HTM

It also means that the rescue dough, as presently constituted, is not enough. It also means that if a plan were actually in place, it would have been announced.

Yep, we crash. The last clue will be Cramer foaming at the mouth.
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