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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Think4Yourself who wrote (200785)5/7/2009 9:46:58 AM
From: DebtBombRespond to of 306849
 
I'm afraid so too....too many behind closed doors emergency meetings going on. And, "O" is trying to make friends with everyone, hmmm, even castro and chavez, et al. We be screwed....me thinks.



To: Think4Yourself who wrote (200785)5/7/2009 10:29:55 AM
From: James HuttonRead Replies (2) | Respond to of 306849
 
"Now China is getting ready to dump dollars as they see the western world is fiscally irresponsible on a scale they hadn't thought possible."

So they dump dollars and screw themselves, or dump dollars and decouple the Yuan and put the kaibash on their export-driven economy. Not a great choice unless they're confident that they will grow internally.



To: Think4Yourself who wrote (200785)5/7/2009 11:10:59 AM
From: Pogeu MahoneRespond to of 306849
 
Does this mean i will be able to earn a decent return on my cash?



To: Think4Yourself who wrote (200785)5/7/2009 11:31:06 AM
From: patron_anejo_por_favorRespond to of 306849
 
The supreme irony in all of that is our "leaders" condescendingly lectured China for YEARS that they had to move to a freer economy, regulate their banks more closely, establish a sound monetary system. They listened, took the advice (more or less). It is the US that ignored those same principles and now the student is going to school the teacher in how to lead the world financial system, starting with wresting the reserve currency status from U.S.......


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