Quote from eusdaiki:
4. Watch China sell off their USD positions, interest rates gone through the roof, hyperinflation and Condos in NY going off for 1000 Euro.![]()
Exactly....I think the market finally came to that conclusion today.Quote from scriabinop23:
we have two choices:
1) bail out the morons. fed no longer is forced to cut rates and destroy the dollar.
2) have a housing collapse. force the fed to cut rates in inflationary setting. devalue the dollar.
you can't win.