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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: fedhead who wrote (47710)	1/16/2009 4:28:01 PM
From: Doren	Respond to of 57684

The insolvent banks should go bankrupt. I know you are a libertarian at heart, I am too. But the problem is, it's like having a gun pointed at you by a mugger - he SHOULD go to jail - but if you try to put him there he might kill you. These corporation got too big and too powerful. It's after the fact. Now we have to pay the mugger and try to capture him before he spends the money on heroin.

To: fedhead who wrote (47710)	1/16/2009 4:35:37 PM
From: Keith Feral	Read Replies (5) \| Respond to of 57684

What is the dollar going to collapse against? The yaun, the euro, the pound or the rupee? The FED has already devalued the dollar as much as possible by dropping rates to 0%. BOE and ECB are at 1.5% and 2.0%. I expect there will be more pressure on foreign currencies with interest rates that have not declined to zero and are experiencing the same problems as the US. IMO, the dollar is going to be the safety net as the systems tries to absorb the global chaos. I sure as hell wouldn't be investing in currencies outside of the dollar for safety. So far, everything the inflationists have warned about the dollar and US Treasuries has been dead wrong. They have been the best performing instruments since the collapse of inflation in July.