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

To: Real Man who wrote (17321)	2/5/2009 8:40:44 AM
From: Secret_Agent_Man	2 Recommendations Read Replies (1) \| Respond to of 71406

Stigliz has a solution but will anyone listen?

To: Real Man who wrote (17321)	2/5/2009 9:41:19 AM
From: Tommaso	Read Replies (2) \| Respond to of 71406

>>>It doesn't really matter, they run Keynesian economy, so they can just drop the cash off the hilos to get the recovery going<<, Vi, as I see it, there are these possibilities at this time: 1. The United States abandons its $800 trillion plus plan and allows a depression to unfold. 2. The Treasury borrows the money, mostly from sources outside the United States, and the U. S. goes deeper than ever into debt to other countries. 3. The Treasury finds itself unable to sell the debt even at higher interest rates, and the Fed buys the debt. Some say the world will end in fire, Some say in ice. From what I've tasted of desire, I hold with those that favor fire. I think there will be an inflationary bonfire that will melt everything, except there will be a pool of gold left when it burns out.

To: Real Man who wrote (17321)	2/5/2009 10:27:45 AM
From: see clearly now	1 Recommendation Respond to of 71406

Vi, I just read Paul Krugman's book 'the Return of Depression Economics' Published Jan 2009 and what I got out of it is the opposite of the Title (which I believe must have been foisted on him by the Publisher to get sales..) He documents a whole series of financial crisis over the last 20+ years and in most case it seems me that the emotions of a society were what pulled it out of the crisis..by throwing lots of money at the problem and good ongoing communication by real leaders (not just short term thinking politicians) ..the crisis are now behind those countries .. ...each of us has to judge the leadership now in the US for themselves..it seems the US and most other Developed nation are on cue and throwing a lot of fiat money at the 'problem' ... Personally I think we are heading for a more steady state economy where growth in monetary terms is not the goal and middle men who add no value to society are dispensed with. I also tend to believe that small and local is better and that the age of Empires is now over.. but What do I know..I am not an economist (an architect and Community planner) and know nothing of the different economic theories.