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


To: ggersh who wrote (29938)8/28/2010 5:27:04 PM
From: maceng2  Read Replies (2) | Respond to of 71479
 
Don't even worry about it for a moment.

The BoE is going to save us all.

Bank of England will use 'all powers' to stave off any future crisis

telegraph.co.uk



To: ggersh who wrote (29938)8/28/2010 7:46:30 PM
From: Real Man  Read Replies (1) | Respond to of 71479
 
>I still think SHTF has happened and Ben is sticking
fingers in the dykes one at a time. -ng-

SHTF is really when Ben's fingers get torn away by the
flood along with the dyke. I don't think that happened yet,
but it may be on the way. Maybe. Maybe not. You never know.
Gonna be very scary. -ng-

The truth is, Ben has infinite money - and, as we have
seen, he is not afraid to use it. In that sense we may
get a nasty inflation instead, which is not really any
prettier than SHTF. Something like 10x increase in prices
or 100x over a period of time of 3-5 years. That should take
care of debt. That is still NOT hyperinflation.

Because of all the printing and tooling, it's really hard
to predict what our "free" markets gonna do.

------

What I mean by SHTF didn't happen yet is that we have not
reached the bottom of the Marianna trench, yet, the place
where you see a light at the end of the tunnel that is not
a train. It's not gonna be pretty at the bottom of that
trench, that's for sure, and nobody will give us a memo. -ng-