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

To: benwood who wrote (18870)	3/19/2009 7:17:59 PM
From: LTK007	Respond to of 71442

Started to adress your post but see there is a lot to consider and express to give make an adequate response. i will be working on it. i need data to see how many people have still money in their 401ks at a level that would not cause them to worry about retirement. My conjecture only, but for many, if they are not worried they should be. i think we of harder times perhaps have been lulled into thinking the generations behind us will jump on the Bernanke BandWagon and start pricing up housing and start pouring money into the market. Maybe reality hasn't hit Scarsdale yet but it sure as heck has hit Levitttown. i have a post where i say the next sell down to new lows will the knock-out punch. Bernanke has actually bet the entire futuire of this country on getting consumers to burrow and spend, but i have also stated their desperation to rally market will blow up in their face. A solid market rally would actually guarantee we go under, as the government will have whipped the market up and the subsequent brutal sell down would wipe out all the new money used to re-inflate, in other words by pushing people into the market now is The Worst Strategy Possible. enuff for now:) Max p.s. i hae been readinf an indepth/heavily researched article in the latest Harper's Magazine on PayCheck Loans and how they have been rising rapidly in scary numbers. Pay Check loans exist because what was illegal is now legal, loan sharks now run free.In my youh, they were low-life gangsters. Pay Check loans have an interest rate between 200% and 500%. The what me worry of the Scarsdales of this country can not , i feel, seal the gash in this Titannic's side. We will see.