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

To: RockyBalboa who wrote (21095)	6/30/2009 6:29:58 AM
From: Real Man	Read Replies (1) \| Respond to of 71423

Yes, one year passed and we live in a brave New World where derivative Black Swans are no longer impossible, even though the global system has been re-liquified to prevent those in the immediate future. So far printing is not a variable that moves currencies, but it should, eventually. It certainly moved interest rates, and not in the direction the Fed wanted. This re-liquification should lead to a mild run on the dollar, currently in progress... Perhaps, something similar to early 2008, only bigger. I think 80 will be taken out, and so will 70, in due time. Of course, that depends on the willingness of Europe to print. Since the ECB is ran from Germany, the pound and the dollar will be mired in the vast majority of Quantitative Easing. A crisis is likely on the way when Western Governments, Britain and the US in particular, are unable to borrow cheap in the market. History tells us once a Ponzi scheme starts to collapse, that collapse becomes unstoppable. Derivatives are a global Fed-supported Ponzi, they started to collapse. Enormous steps were taken to stop it, but history tells us it won't work. The conclusion? We should see the great unwind, either through expiration of contracts or through Black Swans, or both.