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

To: zamboz who wrote (26404)	1/22/2010 7:03:56 AM
From: DebtBomb	1 Recommendation Respond to of 71407

That's why I say, I think it's too far gone. I agree with Faber, we'll have total financial collapse, financial armageddon. How can we not? 10,000 baby boomers retire every single day, 3 million per year. Spending is collapsing. There's no reason to build another house, store, or road for years. Demographics won't improve until about 2022. There's nothing left here but debt. CEO's have plans to ship another 25% of our jobs overseas so they can line their greedy pockets. And, we hit peak oil here in the U.S. in 1970. It would take about $106 trillion to fix everything, LOL. Looks like the PIIGS blow first, maybe the Euro is a "0". Then the dollar gets it in the throat afterwards. And ben can't raise rates either to protect against a run on the dollar, because the interest on our debt will completely bankrupt us, and he can't increase it. ZIRP baby. Vi and I, and some others believe in it. ben will get his wish eventually. There won't be any way out but to hyper-inflate. IMHO.