Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: ggersh who wrote (24710)	11/24/2009 8:26:27 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 71463

Coming up in 3 minutes... get your guns ready: Look at the Yen...0.013000 or 88.50 13:30 United States Gross Domestic Product Annualized (3Q) 3.0% 3.5% More Info 13:30 United States Gross Domestic Purchases Price Index (3Q) 0.8% 1.6% More Info 13:30 United States Real Personal Consumption Expenditures (QoQ) (3Q) 3.2% 3.4% More Info 14:00 United States S&P/Case-Shiller Home Price Indices (Sep) -9.1% -11.3% More Info

To: ggersh who wrote (24710)	11/24/2009 8:29:18 AM
From: Real Man	2 Recommendations Read Replies (3) \| Respond to of 71463

Nobody has a clue, the situation sucks. If they didn't inflate, the unemployment would definitely be much higher. Simply put, there is no quick fix. There are a number of problems that will have to be worked out over time. Private debt over 300% of GDP can't disappear overnight. Inflating it away will be tried, but it will lead to worsening economic conditions, or stable at best. The economy will turn and go into the next boom when it's ready. That would be a few years from now, at least, maybe even a decade. In my personal view we'll have another bad business cycle. That's 8-10 years. A lost decade sounds about right.