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

To: ggersh who wrote (25275)	12/7/2009 12:37:33 PM
From: Real Man	Read Replies (1) \| Respond to of 71463

Yep, I agree, but the question is always timing. The government intervention technique was used to save us from every crisis including 2008, and the balance sheet is now a major mess. Something tells me it has to blow before the next real boom is born. During the GD, FDR methods were only tried after the methods of dealing with the panic of 1837 (liquidation) failed. This time it appears the Fed and government intervention was what created the mess, and "the 2008 save" was only the same approach pushed to a really nutty level. It only amplified the mess. So, I'd say from a philosophical point of view this has to blow up. Something else will really get us out. Most importantly, time, price, and reforms. The latter could be in the society itself. Watch Ben not being approved due to societal processes. He probably will be, but that actually would not surprise me. Things are changing. One thing I do not expect to ever happen again is another banking bailout package.