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

To: DebtBomb who wrote (25761)	12/21/2009 12:28:33 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 71454

Green, a couple points that i'm not sure you are factoring in... 1. the debt in the system is effectively unlimited. the banks are busted - even with the trillions printed debt handed off to them. 2. the system requires ever more debt to provide the money to pay off previous debts plus interest. us huoseholds are deleveraging AND NO DEBT IS REPLACING WHAT THEY ARE PAYING OFF AND/OR DEFAULTING ON, LET ALONE THE REQUIRED DEBT INCREASE TO MAKE IT POSSIBLE TO PAY OFF DEBTS. 3. in some ways europe is worse off than america, hence the decline in the euro and relative strength in the dollar. many folks are in tune with this deflation leading to actions that will lead to inflation theme. i heard a recent interview with celente and he said the market crashes in q1 - that's a deflationary environment - the prices of stocks deflate. marc faber says deflation will be followed by money printing. his standard theme is that when the spx hits 800 again, the debt/money printing will increase. yes, baghdad ben is in a box... he can only choose how the economy blows up, not if it blows up.