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


To: Tommaso who wrote (5290)3/20/2008 5:16:14 PM
From: Real Man  Read Replies (4) | Respond to of 71475
 
Not really, it's manipulation, which is why the buck will
continue to fall. I'm afraid the fall will take Weimar form,
since it smells like the Fed wants to preserve the Ponzi
scheme by all means possible. If these policies continue,
the real US economy will die, as it becomes a lot more
profitable to be a participant of Fed-protected Financial
Ponzi scheme, just as it was before. Then they will bet
on goods, since a Ponzi economy produces nothing.

Are US auto manufacturers that bad, or the Fed did it to them?
Manufacturing is not profitable in a Ponzi economy, cause
only those with direct access to freshly minted credit
or cash receive first benefits.