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


To: Real Man who wrote (29128)6/29/2010 5:49:44 AM
From: carranza22 Recommendations  Read Replies (1) | Respond to of 71479
 
Ambrose Pritchard sometimes makes sensational claims which do not turn out to be true. English yellow journalism of a relatively more sophisticated stripe.

He is probably a voice in the wilderness on this.

Still, the distinction between US and European policy responses is striking.

We will stimulate, but exactly how or when remains to be seen.

My personal view is that O! and his team are quite concerned about the Tea Party and the voters' view that there have been enough bailouts and sufficient stimulus, and that new Keynesian policy measures are therefore likely to be quite mild. In other words, a waste of more money.

Get ready for deflation.



To: Real Man who wrote (29128)6/29/2010 10:57:26 AM
From: Skeeter Bug  Respond to of 71479
 
Real Man, the problem is the debt base expanded to $5 trillion - now the interest payments have to come from society... sucking its wealth dry as the wage arbitrage guarantees american wages go down.

until something drastic changes.

remember, to consider credit in your equation as it spends just like money.

credit is getting killed to offset some of that growth.

not saying hyper inflation can't come - but i don't see it with debt tied to "money printing" - actually "debt printing."

it will be interesting to see how it plays out - either way i'm keeping my assets as safe as possible.

ps - a close below 1040 looks like a great risk/reward short.

we might get it this week.



To: Real Man who wrote (29128)6/29/2010 11:18:22 AM
From: SG  Read Replies (2) | Respond to of 71479
 
"Printing 2.6 Trillion more will effectively devalue it by
more than 80% from pre-crisis levels."

What do you think the time frame is on that to be made manifest?

SG