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


To: Real Man who wrote (17354)2/6/2009 8:59:18 AM
From: DebtBomb  Respond to of 71455
 
Well, that's your opinion and so be it. I back mine up with facts like baby boomer peak earnings and spending hit in 2007 and it's all downhill from here. The nasdung bubble bust is meaningless at this point, that was just one little part of the market....and in the early 20's there was a similar type bust in autos and some other stuff, and then they came back and roared higher later in the 20's. At the nasdung bubble we had a surplus and people had positive savings. Additionally, we are at a DSR that Japan hit in 1990. You should watch IOUSA. This is 1931, IMO. ;-)



To: Real Man who wrote (17354)2/6/2009 9:10:40 AM
From: DebtBomb  Read Replies (1) | Respond to of 71455
 
Everything you mention....only makes it all worse. ;-) The dollar rocketed into 1932....like it's doing today. As the world continues to collapse and chop up their interest rates....more dollar buying. Maybe it will last another year?



To: Real Man who wrote (17354)2/6/2009 9:11:26 AM
From: DebtBomb  Respond to of 71455
 
"The real problem is that we need
to trust these same folks who got us into this mess to get us
out through central planning. Oh. I'm gonna barf. -g-"

LOL.