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


To: Giordano Bruno who wrote (18886)3/20/2009 3:52:59 AM
From: Real Man  Respond to of 71453
 
Tax revenues will be down substantially as well, and the
World savings evaporated. We had TL & EV discipline for
many countries in the last 30 years by lowering their
country rating. Now the World will lower ours and subject
us to that very same discipline. Gonna be a not so fun ride.
We have no way of funding the bank "stimulus" and the Obama
stimulus without printing. All that paper we shipped overseas
in the past 8 years (and before) to pay for our excessive
consumption habits will now come back too.