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


To: Horgad who wrote (30851)10/13/2010 12:35:45 PM
From: DebtBomb  Respond to of 71462
 
I agree Horgad....100%. ben is like a person that has 40k in credit card debt and makes 30k/year. He's lucky if he makes minimum payments of say 8k/year, which is all interest and the debt balance never goes away. He thinks that if he gets another card and just spends more and sends a payment in from one card to the other....he can manage his finances....the whole time he's just building his DEBT BOMB....which one day will blow to hell....and he'll default. He thinks his balance is mark to fantasy....because he thinks he's rich as a money printer and has a job....he's in denial and is waiting for some fantasy miracle to save him.

His credit cards = the dollar.

I agree with you....and I think I see the dollar starting to collapse....it's going down fast now....the chart is steep and fast.

Things are starting to unravel.

"one last giant orgy of spending" Agree.