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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (44066)12/30/2003 9:24:16 PM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
<<<<... horrible destruction of savings>> Through which mechanism? remember I am not as clever as pezz>>

... :0) you are thinking too deeply. Inflation destroys savings, and fearsome inflation destroys horribly ;0)

<<<<... setting up for the big collapse :0?>>
Do you mean capital will fly>> ... nope, I mean financial system reset via monetary system collapse.

Chugs, Jay



To: elmatador who wrote (44066)12/30/2003 10:32:07 PM
From: Cogito Ergo Sum  Respond to of 74559
 
elmat,
Well USD drop paying off for these guys but how good is it for raw material producers if the USD keeps dropping...
Message 19639126

OTOH price of oil isn't exactly flying in the home currency...
investorshub.com
only the USD...

regards
Kastel
a cute and cuddly Canadian