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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (107425)2/21/2010 6:10:32 AM
From: Gib Bogle  Read Replies (4) | Respond to of 110194
 
"the dollar will likely be effectively worthless, if not completely gone, before many people alive today are dead."

This I doubt very much. I wouldn't be surprised if the average material standard of living (as measured by ability to buy food, for example), halved over the next 20 years, but the US will still enjoy a higher standard of living than most of the world. Life will go on.