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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (42279)11/4/2008 7:22:51 PM
From: KyrosL  Read Replies (1) | Respond to of 217774
 
C2, if the Fed is willing to monetize, high long rates may not be inevitable. The US is not a helpless participant in globalization: it still has got the reserve currency, at least for another round. Reindustrialization on the basis of a cheap, low interest dollar, is an alternative, especially with the Democrats in firm control. China and Japan better watch out what they demand.


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