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


To: DebtBomb who wrote (25414)12/11/2009 9:05:39 AM
From: Real Man1 Recommendation  Read Replies (5) | Respond to of 71456
 
They've tried to talk it up and downgraded a few countries in
Europe, so that the Euro comes down. Didn't cause much of a
rally. Still 76. If it does not fly on stuff that was
carefully designed to make it fly, it will collapse.

There are a few negatives - carry trade, pissed off foreign
creditors, 600% of GDP and expanding govt debt, QE, really
weak economy, Oz raising, etc.

They've been trying to hold it here for some time. -g-