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

To: Real Man who wrote (17366)2/6/2009 10:44:31 AM
From: DebtBomb1 Recommendation  Read Replies (2) | Respond to of 71454
 
Bull....all we did was panic....we didn't collapse yet, IMO.



To: Real Man who wrote (17366)2/6/2009 10:49:02 AM
From: DebtBomb  Read Replies (1) | Respond to of 71454
 
People forget....we went down 90% in the 30's, and japan went down about 90% too....just took longer for them. Which brings up a question....which way do you think is better? Quick collapse or drawn-out collapse?

Japan hit 20-30 year lows.

The dow was under 850 in 1982.

I know, I know....it can't happen again....and real estate can't go down....and it's contained....and the tooth fairy is coming tonight.



To: Real Man who wrote (17366)2/6/2009 12:35:50 PM
From: $Mogul1 Recommendation  Read Replies (1) | Respond to of 71454
 
You are in for a suprise then.



To: Real Man who wrote (17366)2/6/2009 1:51:42 PM
From: benwood  Respond to of 71454
 
The dollar is still rather strong compared the reality that we cannot repay our debt. Something will have to give, and that give will have to be at least 50%. Either our wages go up 50%, or barring that, the dollar down 50%.


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