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


To: ggersh who wrote (21489)7/24/2009 2:35:11 AM
From: axial1 Recommendation  Respond to of 71477
 
I agree... have been guesstimating 2011 - 2012 but who knows?

The gamble was to avoid a crash, and buy time until the economy could recover.

But the stimulus isn't stimulating, the banks aren't lending and everybody knows the economy hasn't begun to improve - it's just not getting worse. Debt was a problem 10 years ago, and now it's accelerating.

The only positive is that the dollar's slow decline makes US exports more competitive - but that comes at great cost.

Everybody's talking "The Story", trying to instill confidence even while we watch Wall Street make out like bandits. Looking at the stats, only about ~30% or less of the population really "gets it". The background facts are ugly, and the distance between The Story and The Truth is astronomical.

Jim



To: ggersh who wrote (21489)7/24/2009 6:06:46 PM
From: Real Man  Read Replies (1) | Respond to of 71477
 
It's been played for 3 decades in Zimbabwe. It will be played
until the crooks are gone.