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.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: IngotWeTrust who wrote (4994)	12/31/1997 2:00:00 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 116753

Ole 49r-- We are now in a world of competitive devaluations (economic war), which may lead to the next steps, which are collapse of trade, depression, and ultimately, war, if history repeats. Asia looks like the world of the early 1930's. Up to now we have only seen a financial devaluation, signifying a rush to dump those markets. This will most likely lead to an economic depression that S.E. Asia cannot export it's way out of. So, from this I expect massive dumping of cheap products on the US market, and the inability of the US to export to collapsing Asian markets. This will lead to another increase in trade inbalances, which, ultimately must lead to a weaker dollar, which is the only way the pog can advance to the upside, and which will most likely cause the collapse of US equity markets.