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

To: Real Man who wrote (30872)	10/13/2010 3:31:19 PM
From: DebtBomb	Read Replies (1) \| Respond to of 71479

Yes....there's no way out....do QE's until the world dumps its load. Then, our debt gets maybe chopped in half....that still won't fix everything if we need to then only print 100 trillion instead of 200 trillion....it might save world reserve currency status and AAA rating at the expense of the public that will get destroyed in inflation....like a 50% pay cut.....and impoverishment and lower standard of living. It might save currency status and rating....maybe not. I kind of doubt they will close banks and devalue, because that would just create a run on the dollar....the chinese would then pull the nuclear option. They'll just keep doing QE's through 2023, LOL. How about they QE until the dollar loses 90%....then problem solved....debt fixed....right? Oh, but wait....what would china say about that? And then gasoline would be like $100/gallon. There's no way out....they fuked us. Got gold?