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

To: Real Man who wrote (53316)	10/4/2013 4:18:12 PM
From: ggersh	Read Replies (1) \| Respond to of 71407

I don't think just yet, maybe one or two uh oh moments away though. -nfg-

To: Real Man who wrote (53316)	10/4/2013 8:17:32 PM
From: Tommaso	Read Replies (2) \| Respond to of 71407

Treasury default is inevitable. The question is when. I saw something today that suggested that if taxes in the USA were raised by 14%, it would take care of all the problems. I think it might take a capital levy of 30% myself. Just liquidate the five biggest banks and seize all their assets.

To: Real Man who wrote (53316)	10/8/2013 12:19:12 AM
From: carranza2	Read Replies (2) \| Respond to of 71407

Everyone is very afraid of it, and it would no doubt tear asunder everything Bernanke has tried to do, creating some huge complications, but it might not be such a bad thing. Especially if it results in a serious cut in entitlements and military spending. Finish in a proper way what should have happened in 2008. From WSJ, a rare bit of wisdom gets reported: A year ago, Stanley F. Druckenmiller, the hedge fund manager, told The Wall Street Journal: “I think technical default would be horrible, but I don’t think it’s going to be the end of the world. It’s not going to be catastrophic. What’s going to be catastrophic is if we don’t solve the real problem.”