The real value of the dollar decline.
Hope and Change.... Hope and Change....
More like wishful thinking from the Obamabots.
I think’s Obama/Axelrod/Emanuel’s secret mantra is “Bring it all down” then “Seize permanent power in the chaos that ensues”
The Dollar will crash and it will be a crisis that isn’t wasted by them.
Yeah sure. The obama admin is just going to let interest rates go up and the stock market go down in mid-late 2010 (election year).
I have heard it said that the market is rising because the banks are buying equities instead of lending. Is that so? Is there any way to tell?
The real value of the dollar decline.
If you invest in a dot.com company and it goes bankrupt
and fed prints money to make you whole again
Everything is just papered over and the collapse masked. Whats collapse is the value of your money
The housing market is backed up by houses and land, which have a real value even if it is no longer what was paid in 2007. It may fall, but it won't collapse.
The dollar, on the other hand, is backed by nothing. No gold, no silver, no houses, no land hold up the value of the dollar. It can certainly collapse, and if it does it will happen quickly as all the foreign holders of the dollar hear the music stop in their game of musical chairs and scramble to not be the one left standing with dollars when everyone else is sitting down after dumping their reserves.
The dollar can only “crash” in value against other currencies. The article is incomplete but basically correct.
Despite all the caterwauling there is no currency as dependable as the dollar. Not the Euro and certainly not the Yuan. And after those two, there is no currency worth talking about. The value of the dollar has actually been inflated for years due to being the reserve currency of the world.
We are currently hearing a lot of sound and fury, signifying nothing.
BS! You wanta believe these clowns in the media and organizations who have either been bought off or been intimidated by the Othuggo administration.
Case in point — the American Cancer Society suddenly yesterday reports that too much preventative testing for cancer is going on, after years and years of encouraging it. Gosh, what a coinkidinky for Obamacare plans!
The Othuggo adm has intimidated or bought off so many now that it’s scary. I see Newt has endorse that beotch with an R after her name that is really a Dim in NY state. Of course, Newt hasn’t been trustworthy for a long time, but perhaps he has been threatened and/or bought off as well.
It prolly won’t crash ... just do a slow steady decline.