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


To: ggersh who wrote (33394)12/14/2010 11:00:48 AM
From: John  Read Replies (1) | Respond to of 71454
 
With many western governments heading toward insolvency, will nations become compelled to cede more and more power to the wealthiest debt owners?

Will this leave 99 percent of the world's population as indentured servants, subject to a new set of global laws imposed by an small clique of very wealthy debt owners?

Perhaps we are on the fast road to the world government we all feared, where countries are mired in so much debt that they embrace abdicating their own sovereignty as a relatively small price to pay for a measure of debt "forgiveness".

...not that we're very far from a totalitarian model now. -ng-

The world seems quite leaderless, mired in deep debt, awash in confusion and uncertainty, and the free markets have essentially failed through artificial intervention by world governments, central banks, and HFTs.

Are there any bright spots? Precious metals hold some value for now. Anything else? -ng-




To: ggersh who wrote (33394)12/14/2010 11:23:57 AM
From: Real Man2 Recommendations  Read Replies (1) | Respond to of 71454
 
Yeah, as Bennie accelerates the World, we'll get triple digit
oil again soon. Got no growth and rising prices? -ng-