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Strategies & Market Trends
The coming US dollar crisis
An SI Board Since May 2007
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64516 373 0
Emcee:  Real Man Type:  Moderated
Persistent high trade deficit of the last few years,
extremely high level of USD reserves in foreign central banks,
and the recent series of interest rates cuts by US Federal reserve
have led to the dollar crisis, a sharp drop of our currency.

Any currency crisis eventually involves much higher 10-year and
30-year interest rates and a meltdown of all asset classes,
with the possible exception of precious metals. This thread
will focus on the discussion of ongoing USD currency crisis,
and the ways to survive it.

"There is no means of avoiding the final collapse of a boom
brought about by credit expansion. The alternative is only
whether the crisis should come sooner as a result of voluntary
abandonment of further credit expansion, or later as a final
and total catastrophe of the currency system involved. The
breakdown appears as soon as the banks become frightened by
the accelerated pace of the boom and begin to abstain from
further credit expansion."

-- Ludwig von Mises

The Dark Side of the Credit Boom

"Against this backdrop the crucial question is: where is the borderline between a "good" and "bad" rise in debt-to-GDP ratios? To Austrian economists the ratios spell danger. They maintain that today's government-controlled paper-money systems have decoupled credit expansion from the economies' productive capacities: "circulation credit" feeds a "credit boom" that is doomed to end in severe economic, social and political crisis. Austrians fear that the collapse of the credit boom will lead to the destruction of the currency through a deliberate policy of (hyper-)inflation, destroying the free-market order."
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64516Go thru the whole thread, interesting very interesting twitter.comggersh1yesterday
64515that is a tainted image. -ng-marcher-Sunday
64514The enabler [graphic]ggersh1Sunday
64513yep, the great pretenders. -ng- and reich, who tends to be a bit left of neolibmarcher-Sunday
64512Option D......most appropriateggersh-Sunday
64511--the D's are working for the 99%-- there must be some confusion... why woumarcher-Sunday
64510I'm surprised at your belief that the D's are working for the 99%, all tggersh-Sunday
64508if the democrat party is not able to stall this supreme court appointment, they marcher-last Saturday
64507Well, it's back to the 50s folks No more abortion (except in back allys). ggersh2last Saturday
64506Ruth Bader Ginsburg, supreme court justice, dies aged 87 theguardian.comLitore Lapis-last Saturday
64505They are going after Craig Murray too. He is in need of fuLitore Lapis2last Saturday
64504Pepe Escobar On The Assange Trial: The Mask Of Empire Has Fallen [graphiBroken_Clock3last Saturday
64503If you watch the video, and go though the whole supporting list of publications,Litore Lapis-last Friday
64502I guess it must be the "fact checkers" day off ? [graphic] This is Litore Lapis-last Friday
64501It's over. Boris has been untrue. Where is Roy Orbison when you need him? Litore Lapis1last Friday
64500Greed is good.....nada has changed [youtube video]ggersh-last Friday
64499AMEN! A new political force is needed. It does not exist yet. Everything else ggersh1last Friday
64498[graphic]Real Man5last Friday
64497<<It didn't have to be & Does it even matter?>> Few peopleLitore Lapis1last Thursday
64496It didn't have to be Does it even matter? johnpilger.comggersh-last Thursday
64495Vanessa Beeley Interview - Syrians Are Pummeled, Starved, Looted & IndoctrinLitore Lapis1last Thursday “Human nature being what it is, small loopholggersh-last Wednesday
64493Everyday [youtube video]ggersh-last Wednesday
64492Powell does John Prine today 'there's a hole in Daddy's arm where tBroken_Clock2last Wednesday
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