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


To: Cogito Ergo Sum who wrote (19813)4/19/2009 2:09:35 PM
From: Tommaso1 Recommendation  Read Replies (1) | Respond to of 71456
 
All that's happened with both oil and the loonie is that a world-wide panic and flight to safety has caused a stampede into the dollar and U.S. treasuries, causing the biggest bubble of them all: the Great Dollar Bubble of 2008-2009.

Just as tech stocks and then the general stock markets were finally perceived as the mere paper they were, and houses were finally perceived as overpriced and overindebted, the dollar will be recognized as vastly overvalued paper. The supposed commodity bear market is just a respite in an inflationary upward march, of which the price of gold is a fairly good proxy:




To: Cogito Ergo Sum who wrote (19813)4/19/2009 3:57:43 PM
From: axial1 Recommendation  Respond to of 71456
 
"I got really tired of of hearing the loonie to the moon"

Most of us did. It was BS, and sane people knew it. Mind you, there weren't a lot of sane people making any noise then - they were quietly going to cash.

No point in the inflation/deflation debate - battle lines are drawn and nobody's open to discussion. Or the deficit debate either: whether we like it or not, stimulus is interventionist orthodoxy, practiced to varying degrees globally. It's the politics of economics, and everyone who thinks it doesn't/shouldn't matter is re-learning history's lessons.

Lot of different opinions here, reflecting a similar range of opinions among "experts" - especially economists -g-

Lots of justified anger and outrage too.

In many ways, the Thirties revisited.

Jim