The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (53316)	10/8/2013 12:19:12 AM
From: carranza2	Read Replies (2) of 71408

Everyone is very afraid of it, and it would no doubt tear asunder everything Bernanke has tried to do, creating some huge complications, but it might not be such a bad thing. Especially if it results in a serious cut in entitlements and military spending. Finish in a proper way what should have happened in 2008. From WSJ, a rare bit of wisdom gets reported: A year ago, Stanley F. Druckenmiller, the hedge fund manager, told The Wall Street Journal: “I think technical default would be horrible, but I don’t think it’s going to be the end of the world. It’s not going to be catastrophic. What’s going to be catastrophic is if we don’t solve the real problem.”

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