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Strategies & Market Trends
The coming US dollar crisis
An SI Board Since May 2007
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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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ReplyMessage PreviewFromRecsPosted US National Debt Spiked by $1.3 Trillion in 12 Months, to $23 Tnggersh-2 hours ago
63051<<There's certainly a role for a Party of eccentrics who 'message&Litore Lapis14 hours ago
63050Excellent watch! [youtube video]ggersh15 hours ago
63049Yes, yes, yes, and the UK voter appeal of your screed is nearly zero - and that&Elroy Jetson-1 AM
63048<<On what planet did that sound like reality?>> How about a businesLitore Lapis112 AM
63047Prince Andrew reveals the danger created when people like himself or Donald TrumElroy Jetson-yesterday Boris Johnson meets the people: Glastonbury: Visit cancelggersh1last Saturday
63045Given the chance, I'll be voting for Michael Bloomberg, the former Mayor of Elroy Jetson1last Thursday
63044Well, nobody is perfect. Not even Boris... or even Hillary !Litore Lapis-last Thursday
63043Humans are extremely wary of the obviously inauthentic. Donald Trump, being a nElroy Jetson-last Thursday
63042Which is? Litore Lapis-last Thursday
63041Your reply explains why you didn't know Jeremy Corbyn was not electable.Elroy Jetson-last Thursday
63040<<The problem is Jeremy Corbyn.>> Not at all. All politicians are cLitore Lapis2last Thursday
63039You think people "who need the NHS" should logically vote for Corbyn, Elroy Jetson-last Thursday
63038I think there are still a few aging hippies floating around that will vote for hLitore Lapis-last Thursday
63037If Labour were running Bernie Saunders, their vote share would be double or tripElroy Jetson-last Thursday
63036Well there are similarities in the campaign, and I am sure Litore Lapis1last Thursday
63035Sanders is running in the UK as well ?? WTF ?! Elroy Jetson-last Thursday
63034ABC tptb would much rather have Boris than JC Sanders is never mentioned on CNggersh1last Thursday
63033<<Corbyn's sabotage of the once proud Labour Party is nearly complete.Litore Lapis1last Thursday
63032Only 27 per cent of working class people are planning to vote for Jeremy Corbyn&Elroy Jetson-last Thursday
63031ah bolivia... smells like a musky neoliberal/neoconservative mic (again): --Tesmarcher2last Wednesday
63030It is what it is until it isn't.......timing is everything very informativeggersh1last Wednesday
63029Tulsi Demands Info On Saudi Involvement In 911 Attacks youtube.comLitore Lapis1last Tuesday
63028Hillary advises UK on elections.... Really important point here... HLitore Lapis2last Tuesday
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