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

To: No Mo Mo who wrote (35255)	2/16/2011 7:56:11 AM
From: Real Man	Read Replies (1) \| Respond to of 71463

Yep, smells like a big 2008 rally. We crash again this Fall? Pending QE3, of course. There will be more job cuts at State and Federal level. You just can't print your way out of a major credit bubble. Sure, WS will jump on front running the Fed, but it will jump off that as soon as the Fed stops buying, and there will be no other buyers. Seems like we have an echo bubble in a stinky depression level economy.

To: No Mo Mo who wrote (35255)	2/16/2011 3:48:14 PM
From: Real Man	2 Recommendations Read Replies (2) \| Respond to of 71463

Chart from Pimco. pimco.com "As I pointed out in a recent Barron’s Roundtable in early January, a “haircut” is a euphemism for government default. A bondholder can receive a “buzz” the old-fashioned way by principal default, but that rather visible and embarrassing option is usually reserved for countries like Greece, which cannot devalue its currency. The second and more surreptitious policy maneuver of currency devaluation raises import prices and lowers a country’s standard of living while allowing politicians to hold up their heads higher than countries that simply say – “Hell no, we won’t pay.”"