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


To: Secret_Agent_Man who wrote (16635)1/24/2009 10:00:15 AM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 71452
 
We'll see. I suspect there will be much less cronyism going
forward, but very tough times lie ahead. My hope is that
Obama has some really smart folks around him who know what
they are doing. Suggestions of liquidation may be plain
wrong, and the stimulus packages right.

The country can be in complete ruin after "liquidations",
with 30-40% unemployment. Given Greenspan's twin bubbles,
and the derivative bubble. The idea is to navigate these
waters and resolve the crisis the best and the speediest
way possible, resulting in a lasting bubble - free recovery.
Yes, the currency will have to be devalued.