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


To: Giordano Bruno who wrote (8303)6/4/2008 12:51:30 PM
From: Real Man  Read Replies (2) | Respond to of 71425
 
This market is NOT about earnings or fundamentals. Got echo bubble?
The market is the economy in a financial economy. The dollar
is going down, and will continue to do so (purchasing power).
No difference from Mississippi bubble & John Law, imho.
Eventually fiat goes down. You do realize that if Bear's
counterparty positions were not bailed out, we'd have
a global financial nuclear chain reaction, quite likely, with
a large percentage of all banks failing. Huge systemic
risk, and that chain reaction can be postponed, but seems
unavoidable.