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

To: ggersh who wrote (1690)	10/23/2007 8:01:57 PM
From: Real Man	Read Replies (1) \| Respond to of 71462

I hope not, but the dollar could drop significantly from here as the Fed cuts. Rates higher than in Europe and in Japan were the only USD support. That, and it being the World #1 reserve currency. Both factors are deteriorating. The Fed would need to destroy financial economy, their Wall Street buddies, and put support in place for the real economy, which is in real trouble. Hank Paulsen would NEVER do that, Ben could do that, but apparently so far has not been doing it. His path was toward saving stocks and the economy at the expense of the dollar.