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

To: LTK007 who wrote (25925)	12/24/2009 11:43:19 AM
From: ggersh	1 Recommendation Read Replies (1) \| Respond to of 71463

"i summit , it is a waste of time to approach future policy on the precept the financial world will seek rationality." Amen, that has long since been retired. "i will state once again the damage now done is so EXTREME there is NO solution." A reset is now the only solution. Default will occur at some point. Printing is useless, as the whole world knows, except for Ben that is . which goes back to your point, he is a "FANATIC"

To: LTK007 who wrote (25925)	12/24/2009 12:18:37 PM
From: DebtBomb	3 Recommendations Respond to of 71463

Good post max. People will figure out this thing is global and they all want their currencies lower. They are all printing and doing stimulus, and there is no safe currency. Fiat currencies are failing. Central banks have succeeded at creating a bubble in everything this decade with greenspan and bernanke as ship captains. Right now it's a game of musical chairs in the currency market, but we have the green-shoots baby. We have a master maniac printer and world reserve currency. We win, IMHO. We break all of the records. This is a bigger loser decade in the SPX than the 1930's depression. We are the largest debtor nation ever in history. We break all of the records. No one can beat us. Got 106 trillion? Faber thinks other central banks will follow India and pile into gold. I agree. They will IMO, once they figure out there is no safe currency for reserves. ;-)