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


To: axial who wrote (15987)1/3/2009 9:00:28 AM
From: Tommaso  Read Replies (1) | Respond to of 71463
 
>>> But it appears Bernanke's bet is that a global economic crash can be averted long enough to restore functionality, at which time many currently-troubled assets can be sold off. <<<

I think you are right, and that is what is going on. But I also think that if the Greenspan Fed had not jumped in repeatedly to stave off both real and imaginary previous crises and contractions, the whole system would at this point be more stable.