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


To: Giordano Bruno who wrote (7535)5/20/2008 8:02:08 PM
From: ggersh  Read Replies (1) | Respond to of 71475
 
Guess the thread title ought to be changed to "The DOLLAR CRISIS has ARRIVED"



To: Giordano Bruno who wrote (7535)5/20/2008 8:09:36 PM
From: LTK007  Respond to of 71475
 
Right On!:) <<In the years since the Carter Administration there have been many recessions, including a very severe one during Ronald Reagan's first term. However, the current statistics suggest that we are currently not even in a recession and may avoid one completely. Yet despite this, consumers are less confident today than they were at any time during those prior recessions. I can only image how low consumer confidence will fall once the recession officially begins! As this disconnect persists, and widens, look for the public to shed any remaining confidence in government numbers as well.

It is rather ironic that the media(edit: the media here and now gives me a sense what it must have been like to be a russian listening to and/or hearing/reading Pravda --max)will likely try to spin this index as revealing a disconnect between public perception and "reality". Of course as contrived official numbers reflect pure fantasy, it is not the public that is disconnected from reality, but the government!>>