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

To: Real Man who wrote (26613)	1/28/2010 10:41:56 AM
From: axial	Read Replies (1) \| Respond to of 71463

"I think the global policies are right, especially if they manage to curtail banks while things are stable, and we'll get on with another boom after a W later this year and next, not a global meltdown. The growth in debt-laden US and Europe will be slow. The unemployment will stay high and gradually decline, like in post-meltdown Korea. The financial crisis is likely over. There will be no second crash, rates will stay ultra low, there will be some inflation, but not very significant, and not hyper." --- Without some unforeseen "trigger" that causes cascading events, I think the probability that you're right exceeds 75%. FWIW, Jim

To: Real Man who wrote (26613)	1/28/2010 11:50:33 AM
From: Metacomet	1 Recommendation Read Replies (1) \| Respond to of 71463

I'm inclined to agree with you. And in spite of all the carping currently, given what he was given, I think we are hell of a lot better off with Obama than we would have been with anybody else.

To: Real Man who wrote (26613)	1/28/2010 3:05:51 PM
From: ggersh	Read Replies (1) \| Respond to of 71463

Hope you're right! -g-

To: Real Man who wrote (26613)	1/28/2010 3:42:09 PM
From: carranza2	2 Recommendations Read Replies (5) \| Respond to of 71463

Vi, that is certainly a change from your earlier assessment that derivatives would lead to big trouble. What happens if Greece and/or Spain and/or GB and/or Italy default? Do you factor the possibility of any sovereign default in the mix? I am sure you do, but I see a default as really stressing the global system. We don't know to what extent derivatives 'insure' the PIIGS; but surely there are significant sums involved because of the total notional value involved. Surely some will be triggered in the event a even a smallish country defaults. With the USD gaining ground, it certainly seems that maybe, just maybe there is a bit of a flight to safety. Perhaps it has to do with the promise of higher interest rates. Anyway, I am surprised to see that you are now thinking the worst is over. I think it is indeed over, but only for now.