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

To: Giordano Bruno who wrote (32655)	11/29/2010 7:57:21 AM
From: Real Man	2 Recommendations Read Replies (1) \| Respond to of 71475

We are likely worse than PIGS, and so is UK/Japan. But we all can print, and we do. Xept Re bubble states, of course. Those are now in BIG trouble. Yields are held down by printing. Just imagine if they soar, which is NOT a remote possibility. -ng- Europe is going SHTF/austerity route. I guess we go SHTF/austerity/printing route. The outcome for the markets is instability, namely, simply unclear what they will do on a fundamental basis, as Banana Republic forces battle debt defaults. Don't count on sharply soaring yields because we WILL print. That will just extend the time for us being in economic chit, but will not cure it. This is like drugs to a junkie, just eliminates withdrawals. In fact, if we keep printing and don't do the required painful shock therapy to clear financial/government corruption, it could extend that time indefinitely! In other words, we'll be in chit for a loong loong time -NG- On an optimistic note, it is possible that we will eventually go through this mess and recover, but that is not clear at the moment, since this mess will last at least a few more years if not a decade.