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

To: Real Man who wrote (26278)	1/13/2010 2:29:03 PM
From: DebtBomb	Read Replies (3) \| Respond to of 71447

The PIIGS will collapse first and kill the euro. The dollar then skyrocket and our stocks crash? Then the U.S. and Japan default. Marc Faber: The Next Thing You Need To Worry About Is The PIIGS The countries most likely to blow up this time around are the "PIIGS": Portugal, Ireland, Italy, Greece, and Spain. One ore more of them, Faber says, will likely default in the next couple of years. And, that could result in the death of the Euro currency. Longer-term, Faber says, Japan and the US are in line for the same fate. The US crisis won't hit us this year or next year. But within 5-10 years, the United States will be forced to quietly default on its debt, most likely by printing money and destroying the value of the currency. The main problem comes down to two things: 1) ballooning debts and 2) future interest costs. finance.yahoo.com