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

To: RockyBalboa who wrote (10935)	9/9/2008 6:46:11 PM
From: Real Man	Read Replies (1) \| Respond to of 71484

I agree, US monetary policy has been extremely accomodative over the past 20 years of Greenspan + Bernanke, and I think think the payment for that is on the way, despite a strong USD rally at the moment. USD will drop to 50 as a result, and 80 is the level to watch for a possible reversal of this short covering/intervention rally. <G>

To: RockyBalboa who wrote (10935)	9/9/2008 8:13:07 PM
From: TH	2 Recommendations Respond to of 71484

RB, You work for CNBC or something. Heard of FASB 157? What do you think about it? Think maybe there might be another big bank or two or twelve in the USA that is not quite as open as you may think? You actually believe that GDP is 3.3? Really? What do you think about stimulus checks. Could they even remotely be a small factor in that recent number? Do you think there is modest price inflation in the USA? Really? Where do you live? Do you eat, drive, buy anything at all? Just curious, as I think you may be in an inverse universe from the one I"m in. GT TH

To: RockyBalboa who wrote (10935)	9/9/2008 8:58:45 PM
From: Don Earl	2 Recommendations Respond to of 71484

So? What happens when a trillion dollars in new treasury notes have to be placed to bail out Freddie and Fannie?

To: RockyBalboa who wrote (10935)	9/9/2008 9:28:15 PM
From: Secret_Agent_Man	1 Recommendation Read Replies (1) \| Respond to of 71484

put the crack pipe down!

To: RockyBalboa who wrote (10935)	9/9/2008 10:27:15 PM
From: RJA_	7 Recommendations Respond to of 71484

>> GDP growth is 3.3% and there are early indications of job creation in August. GDP deflater (inflation) very understated in US due to hedonics, and other gamesmanship by BLS, same for employment (birth death model). Therefore GDP overstated.

To: RockyBalboa who wrote (10935)	9/10/2008 1:52:09 AM
From: dybdahl	Respond to of 71484

The real economy is too complicated to be described in numbers, and currently, you can describe Europe and USA with good and bad numbers. The bad for USA is, that it is much more into debt than what a European nation would dare, and Americans seem not to care. Some people claim that this can be outproduced, but I guess this is no longer seen as realistic. USA can only get rid of the debt by cutting consumption and increasing exports. The good thing for Europe is, that east Europe is a constant source of growth. Since 1989, Europe has been dragging a poor east Europe upwards, but I'm quite sure that it will be of benefit, later. Travelling to our east European office was recently reduced from 5 hours to 2 hours because a new flight route was started. Internet is no longer an issue over there any more, and prices have reached a level where it starts to make sense to import equipment from the west for simple things.