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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ecrire who wrote (100644)8/10/2009 9:07:19 PM
From: roguedolphin1 Recommendation  Respond to of 116555
 
<<"Massive overnight dollar devaluation is a gold bug pipe dream.How much of our debt would China and Japan buy if that were to happen? A slow erosion is possible eventually.">>

Roubini thinks World WAR may unfortunately ultimately come into play here before all is said and done...

...I don't disagree.



To: ecrire who wrote (100644)8/10/2009 9:17:00 PM
From: The Reaper1 Recommendation  Read Replies (3) | Respond to of 116555
 
Slow warming of the water to a boil is the best way to cook frogs. They don't realize what's happening little by little until ....

That has got to be the game plan for this bunch in Washington.



To: ecrire who wrote (100644)8/12/2009 1:13:30 PM
From: Claude Cormier2 Recommendations  Read Replies (2) | Respond to of 116555
 
The problem is that the USA has absolutely no choice. It cannot pay its debts. It must hyperinflate and devalue. A matter of time. The deflationary scare is temporary.