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Strategies & Market Trends
The coming US dollar crisis
An SI Board Since May 2007
Posts SubjectMarks Bans
70631 391 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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70631He's a treasure alright. The world needs more like him, Caitlin, Dore, Brandggersh2last Friday
70630top notch. I liked the barfing bit when Jonathan Pie said he was going to tacticmaceng2-last Friday
70629REFORM [youtube video]ggersh1last Friday
70628that's the reality but more on the horror side.ggersh1last Thursday
70627sort of cartoonish... but more on the horror side.marcher-last Thursday
70626ok , this cartoonish enough? -g- [X] πŸ‡ΊπŸ‡ΈπŸ‡ͺπŸ‡ΊπŸ‡―πŸ‡΅πŸ‡¨πŸ‡¦ LMAO: G7 visualised! Vggersh-last Thursday
70625nah, it must be cartoonish... to match the times. -g/ng-marcher-last Thursday
70624This guy was Biden's mentor, best buddy basically he was a supreme racist ggersh-last Thursday
70623Saudi Arabia Just Ditched The U.S. Dollar Julius Wong2last Thursday
70622-lol- catchy tune ! I need to be careful I don't turn into a right wing numaceng2-last Thursday
70621And all on one stage the despots are how come the G-7 have a dozen people on ggersh2last Thursday
70620My take is that they are in communication w/aliens and are expanding humanity thggersh1last Thursday
70619Von der Leyen is the wrecking ball of European economies and nations. She needmaceng21last Thursday
70618this [youtube video] or this [youtube video]ggersh-last Thursday
70617Obviously IQ, street smarts and common sense are not required to advance in the ggersh-last Thursday
70616I don’t know why putting people into places of high radiation from the Sun and wReal Man-last Thursday
70615here's a theme song for ya: dodilly do.... -g-marcher-last Wednesday
70614WEF leader Ida Auken says we don't need so many cars etc. as we can share. maceng21last Wednesday
70613GDP in China is more of a reality than amerika's GDP which is basically madeggersh2last Wednesday
70612someone has to be -g- [X] Al Queda in the Middle East Pinochet in Chile Marcosggersh-last Wednesday
70611Russia is not the problem, China is the problem, and Russia/China is resource/teReal Man-last Wednesday
70610an optimist, eh? :0)marcher-last Wednesday
70609the metal maintains it's value in the ROW, while the $$$$$$ buys less and lggersh-last Wednesday
70608amen and now more stupidity brought to us by the CW zerohedge.comggersh-last Wednesday
70607Physical shit is suppressed. I came to realize the stock market has a special prReal Man-last Wednesday
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