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To: GROUND ZERO™ who wrote (28386)	1/13/2012 11:40:19 AM
From: chartseer	Read Replies (2) \| Respond to of 222549

It will make the debt that much easier to pay off. Borrow and spend strong dollars and repay in weak dollars.

To: GROUND ZERO™ who wrote (28386)	1/13/2012 2:18:39 PM
From: Wayners	1 Recommendation Read Replies (1) \| Respond to of 222549

We got both the Federal Reserve AND the Income Tax in 1913...coincidence? I don't think so. 1913 should be mourned.

To: GROUND ZERO™ who wrote (28386)	1/15/2012 12:38:52 AM
From: Hawkmoon	3 Recommendations Read Replies (1) \| Respond to of 222549

GZ, I still opine this latest devaluation from 2010 until now was an attempt to save the Euro from breaking 1.19. It may appear that this effort was futile and could occur sometime later this spring if the EU can't get their act together. The problem with the EU going into a hard recession is that it will require that the Euro decline in order to spur exports, or generate more tourist related hard currency spending. It's just inevitable. The question is whether they can hold it above 1.20, or will it break through the "debue" value of the Euro of 1.19. But the reality is that there has been a hugely profitable carry trade in shorting the USD and buying commodities and the Euro. This appears to be unraveling, hence the cooperation of the Central Banks to liquify the dollar swaps with Europe. My other concern is that this unraveling of the carry trade will generate an increase in the US dollar, and US equities and treasuries into a bubble that will pop with disastrous results and harken the breakdown of the global financial system and major debt defaults and deflation. Right now we're just the prettiest girl in an ugly woman contest. Hawk