Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: benwood who wrote (37583)	4/25/2011 3:23:42 PM
From: John	2 Recommendations Respond to of 71479

The headline item cited by Drudge for most of the day, which I'm sure you've all read, was an article from MarketWatch... IMF bombshell: Age of America nears end in 2016 The part that made me laugh in bemusement was Brett Arends mouthing the government's position as the pot-calling-the-kettle-black to perfection: "And China’s exchange rates are phony. China artificially undervalues its currency, the renminbi, through massive intervention in the markets." LOL! He's joking, right?!?! What does he think that the Federal Reserve and the U.S. government have been doing for the past 2.5 years?!?! If anyone has ever wondered what biased reporting looks like, while it's naked and fully exposed, that silly passage from Arends captured it all in a nutshell. -ng-