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


To: NOW who wrote (24381)11/18/2009 4:09:00 AM
From: RockyBalboa  Read Replies (1) | Respond to of 71446
 
many of those "longs" are financed in matching amounts by borrowing dollars (or swapping them). Any kind of unwind of long positions could result in the reduction of borrowed dollars. But currently dollar borrowing is still underway, considering TIC flows...



To: NOW who wrote (24381)11/18/2009 9:59:25 AM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 71446
 
Surprise! Inflation up, housing and economy down.
Incomprehensible. BK is approaching, and it's not deflation.
It is worse. We blew it up beyond the Japanese. We looted
our manufacturing base in favor of a bubble in consumption. The
value of a currency backed by nothing is zero. The US economy
is a wreck train in slow motion. Well, that accelerated
since last year. A fiscal crisis is on the way.

reuters.com



To: NOW who wrote (24381)11/18/2009 10:20:02 AM
From: GST  Read Replies (3) | Respond to of 71446
 
If I borrow something, sell it, and hope to buy it back later a cheaper price, then I am short. That is what people are doing -- borrowing the dollar, selling it and expecting to be able to buy it back cheaper in the future.