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

To: NOW who wrote (17249)	2/4/2009 3:47:17 AM
From: axial	9 Recommendations Read Replies (2) \| Respond to of 71456

Fair enough... "you have precious little evidence to convince others for your views of the wisdom and power of intervention, but i cant help you there" It's not a question of being "wrong" or "right". It's a question of keeping an open mind, and being aware of all the possibilities. Show us the poster that has spoken of the fact that Bernanke's measures were temporary crash aversion, not long-term directions for the US economy. Show us the posts (besides mine) that show Step 2 of the plan, after the economy has been stabilized, and monetary stimulus has begun to take effect. Show us the posts discussing the possibility that nationalized banks can eventually be re-privatized, and return a profit to taxpayers, as they did in Sweden - and that a temporary step is no such thing as "socialism". A while ago, someone posted a link to the theory that the USD would retain its strength. Everybody poo-pooed the idea, but what if it does? Is anybody considering that? The USD (so far) has surprised everyone by its strength. Maybe it won't crash, but slowly decline to a lower, stable value as the US rights its economic wrongs. --- The whole global economic system is very unbalanced, right now. Any major event, such as war in the Middle East or Asia could tip the world into an economic meltdown. So there's no sense in making predictions, because non-economic events may cause a crash. But reasonable possibilities aren't Pollyanna posts - no one is denying that things are bad, and will probably get worse before they get better. Some important facts are being missed, maybe ignored, and not discussed. I'm simply wondering why we're ignoring them, and seem to prefer doom-and-gloom scenarios. Maybe it's groupthink, and mass psychology at work. Jim