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

To: DebtBomb who wrote (31373)	10/26/2010 4:33:23 PM
From: benwood	2 Recommendations Read Replies (2) \| Respond to of 71479

I still believe that within 24 months or so, this economic period we are now experiencing will be known widely as a depression. And for that reason, I think there will be a demand drop and consequently a drop in commodity prices, for a while. The depression will expose the frauds and so forth (including the $US), and then demand will pick up again and certain things will be far more expensive than ever before, e.g. energy and other natural resources including gold and silver. The US recovery will be muted forevermore, however. The prosperity of the late 90s, which morphed into a drug-induced happy dance of severely overpriced and unaffordable housing and a binge of federal gov't expansion, is not coming back, ever. Oddly, the wealthiest will continue to amass even greater wealth. And like previous versions of aristocracies, that unsustainable process will march forward until it becomes, say, a headless movement. The trick this time in stopping the beast is that nobody knows where the heads are. Yet. The Internet will provide the means to help people figure it out, even though the Supremes will be setting up roadblocks. Perhaps we will see marches and riots as early as next spring or summer. But whatever... too late to close the bank door, for the money's been looted.