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


To: axial who wrote (15030)11/27/2008 9:24:17 AM
From: ggersh  Respond to of 71463
 
Akajek, yes I do agree. It's a now win situation that we are facing.

I believe it is much different than the last Depression. The cause of problem now I think has much to do with wage arbitrage, and the importing of foreign labor....

I'm sure that there isn't a way to monetize all the losses we are facing, but then I'm no economist...Seems to me we've had our inflationary period w/all the bubbles, so now we are deflating, back to some reality, whatever that might be...

I do think all that bailout money will never be seen again, but then I have no valium....<G>

ggersh