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

To: gregor_us who wrote (24469)	11/19/2009 2:37:09 PM
From: DebtBomb	1 Recommendation Read Replies (3) \| Respond to of 71441

Yep....there's no way out. We had a surplus and they could have preserved the nation, but instead they chose to milk it for everything it's worth. 2002-2003....it all began. We were heading into a baby boomer peak earnings and spending year in 2007, and heading into peak oil 2005, and heading into a pension bust, and heading into an entitlement bust. They chose....milk it. They spent like drunken sailors and told the public to do the same and made it easy for the public to help demolish the place. It's almost like....this can't be real. Geezus.

To: gregor_us who wrote (24469)	11/21/2009 10:39:04 AM
From: Wyätt Gwyön	4 Recommendations Read Replies (1) \| Respond to of 71441

Cash and USTreasuries will have to move to the risk category, and gold, gold stocks, and forex like CAD and AUD to the low-risk category. you have perfectly described the consensus opinion: US Treasurys are maximum b*rish; up with stocks, oil, gold and all risk assets. the only problem with your theory is it describes the past*, not the future. the way to avoid a day job is to care about the future; the immediate past is where lemmings and "wealth advisors" throng. and a picture is worth a thousand words:

To: gregor_us who wrote (24469)	11/21/2009 11:06:00 AM
From: Box-By-The-Riviera™	Read Replies (1) \| Respond to of 71441

edit the fear of all cash, not just USD, is evident, and justified. that's why i think it will be a global agreement at reset, not a unilaterial one, per se. hence prior default examples like zimbabwe, russia, argentina, iceland, lativa, ukraine on board, etc, or the slow death of weimar.... are to a degree poor examples in the face of a world wide, all-in, coming to monetary jesus for both forgiveness and systemic redemption. that is, only if, they want to keep the systems in place. if not, then unilaterial action with rain down like the bombs thereafter following. they are all debasing at break neck speed.