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

To: Real Man who wrote (5237)	3/19/2008 6:30:40 PM
From: ggersh	Respond to of 71456

I'm not sure I realize all the ramifications of the ALPHABET MESS, bit I do know that whatever the FED has tried to date has failed. Not a single pundit on TV is telling the truth about what is going on. The only source of truth seems to be SI for which I'm grateful. But SI also seems so far tilted the other way. I see lots of bad times ahead as I do understand traders mentality as I one myself. But the scariest or most truthful thing I've heard is Dennis Gartman on fast money saying he has never seen anything like this in the markets and he has taken off 95% of his trades....1987 was a bit like this. Only difference then was bonds originally sold off with the stock market and didnt start its rally until Black Monday.....

To: Real Man who wrote (5237)	3/19/2008 7:26:41 PM
From: The Wharf	Read Replies (1) \| Respond to of 71456

Japan was different in that the people of Japan had savings accounts and part of their problem was how to convince their people to spend money and invest in business. Too many here live on credit. Savings account are not high here though perhaps that can be offset with money deposited into mutual funds. To me average people here carry far more debt which puts them in a higher risk area. Housing was different in Japan too where as here many would will away from mortgage debt if the house goes down to the point equity is negative. The attitude is why bother to pay. Where in Japan property dropped but the mind set or pride of self keeping word was very different where people paid the debt they had taken on.