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

To: Real Man who wrote (20522)	5/23/2009 7:32:32 PM
From: RJA_	1 Recommendation Read Replies (2) \| Respond to of 71475

>>We are going through difficult times. Unfortunately, the roots of the present crisis lie mostly in the past. The decision of the present administration to follow FDR approach seems correct to me. The economy needs a serious adjustment as a result of twin bubbles. I am not sure what cheapening of the currency buys you... other than misery of the savers and pensioners. If the idea is to get labor on par with China and India, it still has a ways to go.

To: Real Man who wrote (20522)	5/23/2009 10:05:07 PM
From: Tommaso	2 Recommendations Read Replies (2) \| Respond to of 71475

I don't think so. I think it is a horrible mistaken analogy--a sort of finanacial Maginot Line mentality, fighting the last war. I think it will produce inflation that will be very hard to arrest.