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


To: re3 who wrote (19297)3/30/2009 10:25:47 AM
From: Real Man  Read Replies (1) | Respond to of 71455
 
Monetization should drop the leverage, so I personally
consider it a "cure", which essentially amounts to
redistributing bubble fallout from the culprits to the whole
country. In general, we should
have a wicked brew that normally appears in currency crises,
but we already had quite a bit of that. Gold is in a bull
market, but it remains prone to a seasonal decline. Watch the
trend line -g-



To: re3 who wrote (19297)3/30/2009 10:41:26 AM
From: Real Man3 Recommendations  Read Replies (1) | Respond to of 71455
 
This post says everything. If derivatives and finance are
accomodated,
not restructured, then we'll see hyperinflation from all the
printing. If we take the necessary steps to restructure
the post-bubble economy, we will see a genuine recovery
down the road, with some inflation, of course.

"The crash has laid bare many unpleasant truths about the United
States. One of the most alarming, says a former chief economist
of the International Monetary Fund, is that the finance industry
has effectively captured our government—a state of affairs that
more typically describes emerging markets, and is at the center
of many emerging-market crises. If the IMF’s staff could speak
freely about the U.S., it would tell us what it tells all
countries in this situation: recovery will fail unless we break
the financial oligarchy that is blocking essential reform. And
if we are to prevent a true depression, we’re running out of
time."

jessescrossroadscafe.blogspot.com