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

To: Slumdog who wrote (18571)	3/13/2009 1:16:06 PM
From: LTK007	1 Recommendation Respond to of 71475

<<Jeremy Grantham, who oversees $85 billion as chief investment strategist of Grantham Mayo Van Otterloo & Co., urged investors to start moving money from cash to stocks before “rigor mortis” sets in.>> But to Jeremy's credit he correctly forecast this disaster and was ULTRA BEARISH as of late 2007 . He called this collapse. But has to his plea , i ask Jeremy, invest with WHAT?? Almost 1/2 the money in the world vaporized in the last 18 months. "On a global scale, however, Stephen Schwarzman, CEO of private equity leader Blackstone Group, estimates that the credit meltdown has wiped out nearly 45% of the world's wealth in just 18 months. " Source:The Spear Report.