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