Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: stan_hughes who wrote (6760)	5/2/2008 4:50:36 AM
From: Real Man	Read Replies (2) \| Respond to of 71409

Hey, their stocks are even better -ggg- When we have hyperinflation, there will be nothing but a lot of upness everywhere - just look at Bovespa in 1994. Wasn't that great? -g- Yeah, and US never really hyperinflated, so Mish has nothing to compare this to.

To: stan_hughes who wrote (6760)	5/2/2008 5:07:56 AM
From: Real Man	Read Replies (1) \| Respond to of 71409

Given what the Fed has done, our current account deficit will likely keep soaring, in dollars, as we sell more worthless 1% yield paper to willing foreign buyers. A wild card: I believe the Gulf oil producers WILL de-peg this year. 2% rates on top of 14-15% inflation just don't make any sense. Watch the clownbuck do the huge clowndive then. Given what's going on with food and fuel around the globe, I have doubts about the ECB and the Oz joining the coalition of the willing - central banks following US cuts. We are facing hyperinflation 2-3 years down the road.... Yep, and if you think the US standard of living has gone down, you have seen nothing yet. Once hyperinflation hits, it will get reduced to that in Zimbabwe.