SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Paxb2u who wrote (4126)2/10/2008 10:14:53 AM
From: Real Man  Respond to of 71456
 
I hope no depression, FWIW. My scenario is in the thread head.
The dollar will need to fall until the current account deficit
comes down. We are looking at higher inflation and slower real
economic growth for some time, hopefully not abruptly (the
dollar crisis). Inflation could come down a bit due
to recession, but will stay high, even though official statistics might not correctly reflect it.
However, the Fed is sure pushing the pedal due
to housing bubble pop and is risking an abrupt dollar fall,
and that will be very bad short term, although the bad stuff
might just end sooner rather than later. There is an optimist
in me, somewhere, but I don't like the numbers. There are
plenty of risks that could easily push us off the cliff.