marc faber: greenspan's catch 22, page-3

  1. 2,725 Posts.
    interesting but not new

    talk of the collapse of the dollar has been around for 10 years from memory

    how will it collapse when the chinese and japanese and europeans won't let it (they keep buying it)

    to do otherwise would be to smash their own economies

    politically, if things got wobbly there'd be budget measures of a keynesian nature to support the us economy and the fed would drop rates toward zero

    just a view

    faber says short stocks - where will the money go? bonds?

    how are things in OZ going to get seriously bad when all this money is mandated by the govt to go into stocks?

    property has been taxed to buggery already

    thoughts?
 
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