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

To: Tommaso who wrote (16768)1/27/2009 12:08:53 PM
From: Real Man  Respond to of 71447
 
Gonna be harder here, this ain't Japan, where corporations
rather have losses and go broke than fire people, such is their
tradition. You just live through these hard times, cause there
is no other choice. Try to enjoy it too. -g-

That said, all the stimulus will eventually bring employment up,
and sooner rather than later.

The truth is, we hold 17 Trillion foreign assets, foreigners
hold 20 Trillion ours. If the dollar is just immediately cut in
half, we'll hold 17 Trillion foreign assets, foreigners will
hold 10 trillion ours. Therefore, it can't be. But it can
drop away like rain. -g-



To: Tommaso who wrote (16768)1/27/2009 1:12:38 PM
From: Real Man  Read Replies (1) | Respond to of 71447
 
FWIW, the Japanese RE bubble was quite enormous, this
was worth more than the State of California, and 15 years
after the bubble popped Tokyo still was the most expensive
city in the World. Nothing like here ...



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