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

To: Giordano Bruno who wrote (20409)	5/19/2009 8:27:20 PM
From: Real Man	Read Replies (1) \| Respond to of 71474

That has been postponed, hopefully indefinitely. The dollar is dropping, though, and will make a new low. Maybe that low will be zero, at least that's what I tend to believe. Every bear has their faith and God. Satisfied? Derivatives make old school stuff inapplicable. Eventually it is, but it turns into a Black Swan in the process. Right now we have the printing press injecting enormous amounts to support our and global Ponzi derivative finance economy, a global derivative Ponzi scheme that has cracked already, taking several derivative corpses, including Bear, Lehman, Fannie, Aig, and many others who are now walking dead. It is necessary to prevent a total collapse, house of cards fashion, prevent or postpone. I personally doubt they will succeed postponing the inevitable like they did in 2003. 30 Trillion is too large a real amount, but if it's printed to do so, we'll have hyperinflation. The whole situation is only similar to John Law stuff, with a whole lot more new complex financial gambling instruments. -g-