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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: GST who wrote (241501)	3/19/2010 1:43:42 AM
From: No Mo Mo	Read Replies (1) \| Respond to of 306849

"The fed can no longer forestall inflation because the Fed has no way to attract enough capital into the US to fund the current account deficit -- unless of course the Fed was to tighten in such a way as to send interest rates to the moon. If you think the US can survive with unemployment three of four times higher than it is today then I suppose this is a viable course of action. I do not see it as an option -- this is a political issue. The only other option is the one that threatens a full blown currency crisis -- print money and break the dollar -- rampant inflation." At the all-too-frightening risk of sounding clownish,only two moments in my investment life have felt as clearly destined - the dot.com crash and this last crash of residential real estate. Individuals can find ways to survive a national debt implosion. Nations cannot. Any reasonable conclusion points to a very significant move backward in material consumption in America.