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

To: NOW who wrote (24402)	11/18/2009 4:04:05 PM
From: GST	3 Recommendations Read Replies (1) \| Respond to of 71447

Shorting the dollar can go on forever -- there is no reason to expect a reversal in its fortunes so long as our needs for cash to spend and to service our global debts cannot be financed in any way other than printing funny money. We are not merely printing money to get people to spend money -- we are printing money because we cannot borrow money domestically or in foreign market to anywhere near the level that our sinking finances require.This is not a matter of shorting something that has any sound footing. This is like taking a bet on the sinking of the Titanic after the gashing hole has been confirmed and the ship is listing due to the fact that it is a sinking ship. The Titanic did not sink because people were running from one side of the ship to the other. Nor would running from one side to the other have saved the ship from sinking. The dollar is a sinking ship, not a listing sailboat.