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


To: DebtBomb who wrote (27359)3/11/2010 9:18:24 AM
From: Real Man  Read Replies (1) | Respond to of 71456
 
I think things deteriorated gradually since Year 2000, then
hit the first fan in 2008, private debt. The second fan,
fiscal crisis, which is worse, lies ahead. Eventually all this
debt will have to be worked out by a combo of default and
monetization, and we are not there yet. In fact, not much
has been worked out, still flying toward the fan. -g-