Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (3638)	12/27/2003 8:21:05 PM
From: yard_man	Respond to of 110194

>><When imports to this country start dropping --intervention subsides on behalf of the buck> That's part of Richard Duncan's theory, although he also questions the sustainability of foreign debt purchases << these events will be simultaneousand of course folks will argue about cause -- but let's think about policy reponse here as consumers pull in and start "balance sheet repair" in earnest. The only thing the Fed can do to stimulate more borrowing on credit and/or prevent a collapse in financial assets would be to compeletely trash the dollar. Do you think they are willing to do that?? I don't think they are willing to do that "all at once."