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


To: Bubble Watcher who wrote (3330)1/14/2008 6:13:08 PM
From: the navigator  Respond to of 71456
 
Thank you for your thoughtful response.

I'm not an economist in any sense, so I spend a lot of time trying to understand economic forces and their impacts on our lives. Sometimes things make sense, and sometimes they don't.

Anyway, what I want to say to you in response to your post is that while I agree that Bush may have had a plan and your assessment may even be very close to his intention, history shows us that too often, his plans fail. He doesn't anticipate or plan for the possibility of unintended consequences. He's careless and locked into his own perception of reality. And I don't believe he has the attention span to carry a longterm plan to its conclusion.

I expect his current plan to fail. If he has been manipulating our economy (and I believe he has), this should frighten us all.



To: Bubble Watcher who wrote (3330)1/14/2008 7:15:00 PM
From: Tommaso  Respond to of 71456
 
>>> think the dollar was intentionally depreciated to address the balance of trade.<<<

Yes. I wonder if anyone will ever admit this in my lifetime. It's an obvious though covert conspiracy of executive (Treasury, Congress, the Presidency, the Fed)--and there's no way the judiciary can intervene.

It's a disgraceful national shyster copout.