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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (92775)3/26/2008 10:10:41 AM
From: blazenzim  Read Replies (2) | Respond to of 110194
 
dollar bearishness is way overdone short/intermediate term. everything costs double in Europe. Why would I want to exchange dollars to buy euros that have one-half the purchasing power?



To: Tommaso who wrote (92775)3/26/2008 11:43:36 AM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
'Devaluation of a currency is a very easy thing to achieve and very hard to reverse'

Only hope for the clownbuck is synchronized global devaluation.. I don't think we end up like Argentina or in hyperinflation. More likely a prolonged period of stagflation. We could have nominal GDP grow near 10% and yet most still feel like it is a recession.


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