SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: ggersh who wrote (31319)10/25/2010 8:46:27 PM
From: Real Man  Read Replies (2) | Respond to of 71479
 
Current TL & EV is payback for decades of kicking the can,
while ignoring ongoing collapse of the real economy, which
by now is probably 2 decades old. We kinda used the cheap
labor provided by the collapse of the communist block,
shooting ourselves in the proverbial foot in the process.

Reserve currency status of the dollar is to blame. Why
work if one can print and consume? This bites in the arse,
of course. Now we need Years now if not decades to get
this back -ng-

P.S. St. Louis area. Most of the City. Detroit likely looks
similar.