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

To: Real Man who wrote (1120)9/25/2007 10:43:01 AM
From: zamboz  Respond to of 71454
 
Cheer up, Vi. Look at it this way. We will all be able to get better paying jobs overseas as gardeners in India, China or Brazil. Less stress. Feeling the good earth on one's hands.



To: Real Man who wrote (1120)9/25/2007 10:56:05 PM
From: stockycd  Read Replies (2) | Respond to of 71454
 
If we have a collapse in the dollar a la Zimbabwae, it will be devastating for the whole world. Then, as the entire world sat in depression, you would have political change that would alter the course going forward. It's real easy for me (or anyone) to sit here and drum up worst case scenarios but the most likely situation will be stagflation.

The best hedge against stagflation is a steady job and no debt.


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