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

To: DebtBomb who wrote (274123)	9/8/2010 2:50:21 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 306849

We have to think like these handful of guys. They have dismantled america to line their greedy pockets and then even got public bailout money. That game is pretty much over now. Next.... There's no more bubbles to inflate.<< resulting in... deflation? >>We hit peak pretending. There is no way out....got 200 trillion? PRINT....or halt things and devalue.<< they don't print money under the federal reserve system, they take out credit cash advances. >>Now....where do you want to be when that goes down? Inflation plays? Even foreign markets? The dollar is fuking worthless, IMHO....but so is the euro.<< dollars are simply credit. when the credit bubble deflates, the number of dollars (debt receipts) should implode as in the Great Depression. >>It may not be time yet. We usually have an order: 1. financial crisis 2. sovereign debt defaults 3. currency crisis Who has sovereign debt defaults written all over them....it's not us yet.<< yes, but defaults are deflationary. fewer debt receipts (money) means the remaining ones are worth more. >>So, who gets a currency crisis first? Celente sees the euro possibly going back to 86. Why not? What do they have to offer the world? They have no world reserve currency and some don't even have a AAA rating. The euro is more globalization BS IMO. It will bust apart....I don't see how it can't. Now that we're in The Greatest Depression....there's no hope for stocks or economies. Everyone enjoying the FAKE recovery?<< the GD was deflationary. housing fell 60% and stocks fell 90%. >>To me the logical sequence of all of this is: 1. markets crash on currency crisis 2. sheeple buy dollars for safety 3. then the fed begins to monetize us into weimar or something.<< i'm with you on #1 and #2, but the fed has a limit on what it can do with debt backed money. the minute the markets sense hyperinflation, they stop lending, take their money out of banks and buy assets. $10-20 trillion default on increased debt payments due to interest rate increases (deflationary). the banks close - they don't have your money (deflationary). escalating prices in a depression would lead to grannie brandishing pitch forks. why would the fed do this? >>It's too late to fix IMO....they took it all too far.<< agreed.