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


To: westpacific who wrote (34787)1/29/2011 9:34:02 AM
From: Giordano Bruno2 Recommendations  Read Replies (1) | Respond to of 71477
 
Must monetize debt, stiff creditors, home of the free.



To: westpacific who wrote (34787)1/29/2011 12:04:52 PM
From: John  Respond to of 71477
 
World FOREX: Dollar Gains In Safe Haven Bid From Egypt Unrest

online.wsj.com

excerpt:

Oil was also a huge beneficiary of the Egyptian turmoil. Traders are spooked that shipments through the Suez Canal might be disrupted, which would be a major blow to the global economy. The stock market decline has been exacerbated by the potential impact of disruptions in oil supplies. Light, sweet crude prices jumped and the Dow Jones industrial average fell more than 1%.

"The Middle East story has grabbed people," said Tom Tucci, head of government bond trading at RBC Capital Markets in New York. The worry is that tensions "are going to spread and that there are going to be more uprisings and issues in the Middle East."

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The tensions have already spread....

North Africa & Middle East: Region in upheaval

tucsonsentinel.com

excerpt:

First it was Tunisia. Then it was Libya, Algeria, Jordan, Yemen, Albania, Lebanon and Egypt. Suddenly, civil unrest has erupted in countries, some of which have been under authoritarian rule for decades, all over the Middle East and North Africa.

What happened? And what does the future hold for this volatile region of the world? Here's everything you need to know about the leaders, the protesters and the problems in each of the nations that have been gripped by protests over these last few weeks.

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View the full article for the state capsules, nation-by-nation.



To: westpacific who wrote (34787)1/29/2011 1:58:41 PM
From: LLCF3 Recommendations  Respond to of 71477
 
<The idiot Central Bankers had better stop this insane inflation printing or it will get so ugly.

US has avoided such due to reserve currency and printing to feed and house the straving masses; but for how much longer can this continue?>

Economists have worried about these things for literally decades and ignored as human nature is so short term... more important to party apparently. :))

Just as Carter was blammed for his economy (as if oil prices going from 50c to $30 has nothing to do with it) and Reagan applauded for the recovery (even though Carter appointed Volker if I remember right) and Clinton for not running a deficit (well, hell... I thought you were supposed to run surplus during boom!??) the villification of Obama in no surprise... nor will the same treatment heaped on Republican congress for stopping the merry-go-round BUT crashing the market and doubing unemployment.

IT's all been coming for decades... this whole shrill polarized political stuff would be good theater if it was just a movie. Too bad.

DAK