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


To: RockyBalboa who wrote (9508)7/12/2008 2:31:31 PM
From: The Wharf  Read Replies (1) | Respond to of 71475
 
I have truly been in shock though i could clearly see that dollar creation of dollars had no asset. You needed huge inflation in commodity market to justify currency value. Can't happen so currency has to get hit.

A very tricky type of play in the Austrian end. C banks are holding but i do think some of them could be headed for trouble. Unemployment has increased at least this month in Canada. I 'm not sure exactly how large the problem could be not large as ours but and house price and wage ability do not meet.