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


To: Real Man who wrote (29338)7/18/2010 9:19:27 AM
From: Gary105  Respond to of 71407
 
Agree. Right now deflation and possible depression are the key concerns. The Bush tax cuts will most likely expire, helping the deficit somewhat, but also exacerbating the downturn. Europe downturn may be worse than the US as a result of more austere measures.



To: Real Man who wrote (29338)7/18/2010 1:05:33 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 71407
 
RM, but all Ben has done is shove more debt into the system...

again, this is very different than printing non interest bearing money.

if he keeps doing this, society will end up losing money as the interest carrying costs will suck all the money out of the economy.

until they start printing non debt backed money, a deflationary depression is a certainty, imho.

i just don't see the bankers detaching money from their asset stripping usury game.

the question in my mind is whether government will kick out the special interest bankers - and i simply don't see that happening given the level of entrenchment by the bankers / cia / military industrial complex.