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


To: GST who wrote (20925)6/22/2009 2:05:25 AM
From: axial2 Recommendations  Read Replies (1) | Respond to of 71456
 
"At the risk of being blunt, perhaps the reason you can imagine so many different futures for the US in terms of inflation is that you have yet to grasp the full implications of the corner into which we have painted ourselves."

At the risk of being blunt, perhaps you haven't considered the range of alternative outcomes possible. Certainly, the one you indicate has a high probability - but that's not a guarantee.

"...comparing the US to Japan or China is non-sensical."

Non sequitur: you're making a Straw Man argument. No such comparison was made.

The purpose of the the quote was to demonstrate that statements seen often on this thread (i.e., printing money will lead to inflation) are not necessarily true.

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Well what about debt-to-GDP? Every day someone posts that it means the end of a nation's economy, especially the US. Is that true?

Japan:



OK, you don't like Japan, so we'll choose another example, Australia, which is more similar to the US:



globallongwavecycles.blogspot.com

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We're still waiting for the collapse of these economies.

The point? This is another "truism" that ain't necessarily so.

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Your responses are appreciated. Thanks for the discussion. It'll be interesting to look back in a year, and see how everyone's predictions have stood the test of time.

You see only one possible future, and I see many. Time will tell.

Regards,

Jim