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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (166290)11/22/2008 11:11:06 AM
From: patron_anejo_por_favorRead Replies (3) | Respond to of 306849
 
Exactly. The FDIC is virtually the last line of defence for the banking system, they'd sell the National Parks to China or immediately revalue the currency if they had to to keep it afloat



To: Perspective who wrote (166290)11/22/2008 11:45:54 AM
From: DebtBombRespond to of 306849
 
Message 25199110



To: Perspective who wrote (166290)11/22/2008 1:56:31 PM
From: orkriousRead Replies (1) | Respond to of 306849
 
I think that's something the inflationists may be underestimating. The inflation already happened. It's done. The money ran all over the planet. Commodities exploded. The rest of the world ended up owning all our debt. Whether we see it as a ruinous inflation here now depends largely upon what our creditors decide to do with their dollar holdings. Should they attempt to cash them in, we're crushed. If they all continue to hold 'em, then deflation probably rules the next few years.


Gregor thinks the powers that be can force the ROW's hand. Makes sense to me.

Message 25199231