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


To: bull_dozer who wrote (18821)3/18/2009 9:39:40 PM
From: Giordano Bruno2 Recommendations  Read Replies (2) | Respond to of 71426
 
We have entered the rabbit hole.



To: bull_dozer who wrote (18821)3/18/2009 10:57:53 PM
From: niceguy767  Respond to of 71426
 
Now that the printing presses have been revved up, the game is several orders more serious.

History indicates that this action is virtually irreversible once set in motion.

(It's kinda like jumping off a diving board in winter time and hoping that you can somehow reverse the action and end up back on the diving board.)

Unfortunately, with the printing of $300B in paper currency in the next 6 months (and who knows how much in the ensuing 6 months) it seems that North America is headed for chilly waters!



To: bull_dozer who wrote (18821)3/19/2009 12:39:36 AM
From: the navigator  Read Replies (1) | Respond to of 71426
 
PS: Bernanke knows this, which is why it hasn't happened yet. Let's hope he continues to remember it, because the destruction of our government is very, very un-funny, and this would likely precipitate exactly that in a "vast and fast" form.

yah, i saw that...written today...it must've been just before the fed press release? i was looking for denninger's response to the press release.

edit

it was a fascinating day of drama on many levels.