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

To: DebtBomb who wrote (26292)	1/13/2010 2:36:24 PM
From: Real Man	Read Replies (2) \| Respond to of 71447

A sound scenario. In the meantime we'll have more mortgage reset problems later this year. That said, I am not sure this matters now that unemployment is 10% and 14% percent of all US mortgages are not paying

To: DebtBomb who wrote (26292)	1/13/2010 4:22:41 PM
From: Skeeter Bug	2 Recommendations Read Replies (1) \| Respond to of 71447

i love faber - brilliant guy. celente, too. i agree. PIIGS looks fat ahead of easter. faber might be right about printing, but i can't shake the idea that the bankers (and they control the money and the economy, often contrary to what politicians want!) will do what they've done in the past - cause an asset deflating crisis so they can use their freshly looted cash to buy up actual wealth. and gobs of it. inistead of owning 1 home, they will likely own 10 with the same cash. what a deal for bankers, huh? once the banks are out of cash and into assets at bottom of the barrel depressionary prices, then they can inflate away and it won't hurt them as they will be in assets at very depressed prices. don't worry, you're gold is still valuable - even if it takes a haircut during the credit execution... it is still very valuable. the money as debt ponzi scheme may collapse contrary to their plans and the money might go bye, bye. if so, gold is an excellent insurance policy. remember, the minute the idea hyperinflation is in store there will be a run on banks - AND THAT IS BAD FOR BANKS right now. since they are the ones that control whether hyperinflation comes into play or not, why would they cause a run on banks that will bury them? a solid depression, though, with money sucking tentacles tied to treasury all the way down... seems to work out much better for them. i'm clearly aware that greenspan and bernanke have claimed they will print unlimited money... but there was a context to their statements. unlimited money TO THE SAVE THE BANKS AND NOBODY ELSE. they left off the "and nobody else," but you can rest assured it is implicit in their language. a central banker just came out and said it might be time to raise interest rates. this really gets interesting when the banks have sucked enough blood from society to feel safe from a depression. if so, i think they cause one, just like they've done so many times in the past. we might even get a balanced budget out of it - less money in the economy means cheaper assets for the banks to buy. watch bill still's the money masters to see how these criminals have acted in the past.