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 coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: saveslivesbyday who wrote (1114)	9/25/2007 6:30:41 AM
From: stan_hughes	Respond to of 71453

I'm actually undecided on the 'forced markdown' issue -- on the one hand it doesn't seem to make much sense for the US to volunteer to have a depression, but on the other hand I don't like the idea that there are insolvent financials wandering around out there that I may accidentally step on in the future like some kind of land mine. Yet again, perhaps it's only hubris that makes CBs think they have a choice in these asset valuation matters -- markets usually have a way of sniffing out true values and making corrections against people's wills, although admittedly the Japanese post-bubble banking sector somewhat belies that axiom