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

To: Real Man who wrote (26065)	1/5/2010 1:40:08 PM
From: ggersh	2 Recommendations Read Replies (2) \| Respond to of 71454

"Personally, I think this may have been necessary, but unless the financial system is reformed, we will be facing yet another derivative meltdown. "The plan" is to do the reform once the crisis passes. One can be optimistic and say they will work this out eventually, but we have to see how it all goes. Personally, my guess is that there will be reforms, and they will not go smoothly." I agree on the former, but as for the latter , I can't see any hope. IOW I'm quite pessimistic that there will be any meaningful reform. That would mean WS's eventual demise and I don't see that happening. But I hope you're right! -g- Yes difficult times lay ahead and that's being optimistic!