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


To: Secret_Agent_Man who wrote (3382)1/17/2008 11:26:35 PM
From: Jamey  Respond to of 71456
 
Post WW1 Germany. The inflation was so rampant that gangs of normally decent citizens marched to the surrounding farms and as the farmers looked on helplessly, they TOOK all the food crops. Starvation will cause people to do drastic things. Hope you have barbed wire, machineguns and plenty of ammo. Otherwise you are one of the most susceptable. You have the food and others will take it!

Jim



To: Secret_Agent_Man who wrote (3382)1/17/2008 11:38:42 PM
From: Real Man  Read Replies (2) | Respond to of 71456
 
I don't think US will be like Argentina, but in the best
case scenario we'll have many years of stagnation and
high inflation ahead.

The current account deficit appears to have passed through
the peak, but devaluation against the peggers (oil countries)
and other manipulators like China Japan is necessary.
Spread it over time, and the pain is not there.

After a long while the economy will take care of itself. -g-