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


To: THE ANT who wrote (7166)5/11/2008 9:07:23 PM
From: RockyBalboa  Read Replies (2) | Respond to of 71454
 
Agree with all that; lots of repair work has been done in brazil. But I concentrate on the quick and excessive loan growth (while the bank builds less reserves). That was one part of the recipe for disaster in US consumer credit markets notably mortgages. I found that a bubble is forming. It can and will inevitably grow much bigger. UBB could go to 300 and then reverse steeply.

Also, the significant gains of the real vs. the us dollar are reversible.