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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (77467)11/13/2007 6:35:10 AM
From: Real Man  Read Replies (3) | Respond to of 94695
 
The hope is to devalue the dollar, but in such a way that
it does not collapse. Then, hopefully, the devaluation will
lead to higher housing prices in dollars, which will then bail
out both the homeowners and the banks. That said, the crisis
today seems to be much more severe than any previous credit
mess. Just some stuff percolating under the surface.