where is the dollar is worthless et crowd? kind of quiet.
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where is the dollar is worthless et crowd?
- Thread starter Free Thinker
- Start date
Look at the economic data, the debt, unemployment, the consumer, the dollar is technically worthless. Inflation will eat what remains. Only positive thing for the dollar is the fear of euro land defaulting making the euro weak and dollar uptick. The dollar. Will detest. Lows....as unemployment numbers get worse in second quarter.
it is classic. whenever something gets real loud on et you can bet on a reversal soon.
now i am patiently waiting for the black monday crowd to appear.
now i am patiently waiting for the black monday crowd to appear.
Quote from zdreg:
can u compare the US to Germany or to China?
a little move and the US gun slingers come out of the closet.
remember the euro was once .84 $US
dollar and euro are both worthless.
it is a race to the bottom between 2 worthless currencies.
rogers has predicted the demise of the euro with no date.
Quote from EMRGLOBAL:
Only positive thing for the dollar is the fear of euro land defaulting making the euro weak and dollar uptick.
Yeah, but since FX is all about the underlying's relationship to other currencies via cross pairs, this is a pretty huge deal.
In fact it is more about this aspect than interest rates, deficits, unemployment, or whatever.
So far it is enough to frustrate the masses who are all clamoring about a must-be-soon-to-be-completely-tanking USD.
As long as the perception that USA will never default holds up, the dollar will be OK, IMHO.
Once that facade cracks, and it will eventually, then we are all well and truly screwed.
But as they say: "The Market can remain irrational for longer than a person can remain solvent."