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Strategies & Market Trends : The coming US dollar crisis

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To: John Pitera who wrote (42925)10/25/2011 5:38:35 AM
From: westpacific3 Recommendations  Read Replies (2) of 71442
 
To my last post; when I look at my longer term charts they paint this picture very clearly...

Creditors are going to demand massive returns if you want their money or their products! (food; energy; resources)...

And yes; this could all end in a devasting war; I do not think could; I think it is a given!

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Ray Dalio, founder of the largest hedge fund in the world (Bridgewater Associates), said the world debt is so large it will take 10 years to de-leverage it — and “there are no more tools in the tool kit” to postpone the inevitable reckoning. He gave the world the bad news on Friday night on the Charlie Rose Show. The world is divided into debtors and creditors — emerging nations — and the end is near.

We should listen because Ray Dalio is the 55th richest man in the world with a net worth of $6 billion. His company manages $125 billion in global investments, and as Charlie Rose, “Over the last two years, Bridgewater ranked as the largest and best-performing hedge fund in the world.

blogs.dailymail.com

West
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