[Sirius Lee]

The myth of dollar collapse is a long-running fairy tale, stretching back to Jimmy Carter and Richard Nixon.

The average price of a new car in 1972 was $4,500. Now it's $ 30,748. In 1972 a loaf of bread went for Quarter. Now it's $2.49.

The currency is collapsing. The Fed; has us in a liquidity trap. It cannot stop floating the stock market, it cannot get the banks off life support, it cannot stop QE and it cannot raise interest rates.

The only way out is default or war - probably one then the other.

[blam]

"The Fed; has us in a liquidity trap. It cannot stop floating the stock market, it cannot get the banks off life support, it cannot stop QE and it cannot raise interest rates. "

That's exactly my take on the situation.

[cuban leaf]

The currency is collapsing. The Fed; has us in a liquidity trap. It cannot stop floating the stock market, it cannot get the banks off life support, it cannot stop QE and it cannot raise interest rates.

The only way out is default or war - probably one then the other.

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This is almost exactly how I see it. I would add serious or even “hyper” inflation before the war, though.