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


To: Real Man who wrote (6927)5/5/2008 1:25:48 PM
From: John Vosilla  Respond to of 71456
 
Then the next question would be how far along we are? I believe we are in at least the 7th inning in the price drop with only a select few areas with big plunges still to come. The foreclosure/inventory crisis will last a good 12-18 months though.. Overseas I would bet are now way behind the US ..One added reason to be bullish on the dollar near term<g>



To: Real Man who wrote (6927)5/5/2008 2:20:15 PM
From: DebtBomb  Respond to of 71456
 
Asian currencies will rise against the weaker dollar, in part because of bad U.S. economic policy, Buffett said, and he's shopping for companies on that continent. He also expects an increase in ``scapegoating'' China for economic ills, which he called a mistake.

``Getting paranoid about the Chinese is crazy,'' he said.
bloomberg.com



To: Real Man who wrote (6927)5/5/2008 2:53:34 PM
From: DebtBomb  Respond to of 71456
 
Looks like Buffet is suggesting dipping some yen and renminbi.