SI
SI
discoversearch

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: ggersh who wrote (41450)8/30/2011 2:13:48 AM
From: Real Man  Read Replies (2) | Respond to of 71442
 
I didn't write a Ph.D. thesis on how to fix broken major
credit bubbles, and I think someone who did is clueless
as well -g- Banks are not lending because their models say
don't lend to the broke.

The answer is corporate credit and a reversal
of globalization - capital coming back from China.
It's happening already.

Ka-poom is reset, we will be paid Chinese wages.
Somewhat more, to the degree that our technology is much
higher quality, but overall we will have a drop
of standard of living for all. Real Estate will inflate
again.

My only point is that once this broken credit money machine
reinvents itself in a new way, likely to be corporate credit,
expect the second phase of SHTF,inflationary tsunami. C2 called
these reserves "bottled up inflation", and I agree! Once the process
starts getting it "unleashed", .... gulp! We see some stuff in M2,
but it's too early to tell. Nothing hyperinflationary, but we will
see very high inflation.