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

To: Real Man who wrote (23725)	10/22/2009 10:52:36 AM
From: Tommaso	Read Replies (1) \| Respond to of 71423

Vi, I am ready to go along with Warren Buffet's relatively mild pronouncement, "The dollar will be worth less" rather than the misquote of his words, "The dollar will be worthless." In terms of its convenience as a way to settle debts, the dollar is incomparably useful, especially for U. S. citizens. The ability to walk across the street to a cash machine in Lima, Paris, Rome, and most other countries and withdraw local currency by debiting the bank account back home is in wonderful contrast to the lockbox mentality under a gold standard. So I can't see abandoning this (and its larger counterparts between banks and companies internationally) in a big hurry. But as we all know on this thread, at least, the current U. S. government is seriously abusing this wonderful arrangement to promote its own geopolitical and domestic ends. So I will keep my own wealth pegged to oil, gold, and some other commodities.

To: Real Man who wrote (23725)	10/22/2009 11:45:51 AM
From: ayn rand	Read Replies (2) \| Respond to of 71423

we thought of moving to another country until i realized, i am not good with languages, i don't think i can find employment equal to my current income, and by the time i sold all my real estate, it might no longer be possible to leave the country. also, it's hard to decide where to live. other countries have their own problems as well. we thought of norway or denmark. they all speak english there. (almost) so we decided it's better and easier to stay. ............................................... we are digging in the trenches and placing landmines everywhere. the moat and drawbridge was completed lasst week. i hope i remember where my wife told me she placed the landmines. ;o)

To: Real Man who wrote (23725)	10/22/2009 11:53:06 AM
From: DebtBomb	4 Recommendations Read Replies (2) \| Respond to of 71423

Art Cashin, 45 years experience....how stupid the Fed has been....the fed has put us in depression, IMO. Bubble after bubble, bail out the next busted bubble with another bubble. They put us in the biggest debt bubble ever in the history of mankind. Now....the fed has us in the bailout bubble....the bubble to end all bubbles. They are going to completely destroy this place....they are so stupid, IMO. They are out of control....giving taxpayer money to banksters because of their incompetence. Someone has to stop them, IMO. cnbc.com cnbc.com