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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (953)9/13/2007 5:18:35 PM
From: stan_hughes  Read Replies (1) | Respond to of 71423
 
So I take it that you would prefer the Argentine over the Japanese solution?

I'm not sure which is worse myself, but off the top of my head I would hazard a guess that the American generation that's currently in charge of calling the shots would rather take the slow pain route -- that's based on an assumption that the rich would be less affected by the slow bleed, whereas they might get burned a little bit in a quick rout

Hard to know -- the elite is probably already long gone by now into gold and Swiss Francs and won't feel a thing in either case