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

To: Real Man who wrote (25439)	12/11/2009 12:13:55 PM
From: HH	Read Replies (1) \| Respond to of 71456

Argentina currency crisis. Note the negative CPI prior to the spike. Apparently CPI stayed at zero or negative for a couple of years. See if this observation makes sense. There is a significant difference between virtually any other currency crisis that has occurred in history. As an example, the Argentina dollar became worthless as compared to the US Dollar. The Us Dollar is always the benchmark. Since the US went off the gold standard, the US Dollar is , in effect , backing itself. If confidence in US fiscal integrity fails, a new world order is coming. (When you see total public DEBT = 600% of GDP - it's scary ) ( Add private debt and the degree of leverage blows my mind that it could be expresse as a multiple of GDP)