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


To: Skeeter Bug who wrote (25505)12/14/2009 9:12:19 AM
From: DebtBomb  Read Replies (1) | Respond to of 71456
 
skeeter, what happens in May 2010? 5 year option arms blow to hell....these are financial nuclear bombs that will blow through 2011. They don't need any more excuses to PRINT.
10,000 baby boomers retire every single day, 3 million per year. Spending is collapsing. They don't need any excuses to PRINT.
And, when something goes wrong....they might do a bank holiday, close the markets, and devalue.
There's no way out....but devaluation would help some, IMO. Well, it wouldn't help the average Joe, but it sure would help the banksters.