Dollar? Bubble? Popping?

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Lemonyellowschwin's picture
Lemonyellowschwin
Status: Platinum Member (Offline)
Joined: Apr 22 2008
Posts: 561
Dollar? Bubble? Popping?

A prety persuasive article:

http://safehaven.com/article-13460.htm

DrKrbyLuv's picture
DrKrbyLuv
Status: Diamond Member (Offline)
Joined: Aug 10 2008
Posts: 1995
Re: Dollar? Bubble? Popping?

Lemonyellowschwin:  thanks for this article.  The crazy thing is that it comes down to a zero sum game.  That is that while we may print as much money as we want, the debt based system is limited by the collateral that supports it.  Our GNP, real estate and ability to rebound is heading south and our debt is growing.

It would have stopped months ago but our financiers allow us to continue to borrow.  One can only imagine the "extra collateral" and other "arrangements" that are being made to maintain our status quo.

Larry

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