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


To: carranza2 who wrote (4795)3/10/2008 2:20:15 PM
From: stan_hughes  Read Replies (1) | Respond to of 71406
 
Message 24375785



To: carranza2 who wrote (4795)3/10/2008 2:41:50 PM
From: Real Man  Read Replies (1) | Respond to of 71406
 
I guess it's doing things not intended. The drain blows up
derivatives, and the cuts blow up the dollar. Isn't that
pretty? -g- That said, this seems to be the right direction
for the long term fix, right but painful. I'm not sure this
is intended outcome either, but USD ~ 50-s-60-s may do it -
manufacturing will come back, ponzi economy gets destroyed.
Especially as it declines against the Asian currencies.
That is, of course, much better than Zimbabwian alternative
(if the Ponzi economy is saved at any cost)