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


To: ggersh who wrote (25277)12/7/2009 1:12:29 PM
From: Real Man1 Recommendation  Read Replies (1) | Respond to of 71463
 
Slider explains it, I could not possibly do better.

sliderontheblack.com

For months I’ve been pounding the table on the CBO numbers, as I
firmly believe that America’s debt, deficits, and unfunded
liabilities are now so large, that they can never be met by ANY
combination of growth and taxes, which leaves America with only
two choices…

Default on the debt, or devalue the dollar.

And for central bankers, the choice is obvious - devalue the dollar