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To: dennisw

I expect it to get worse!

http://www.zerohedge.com/article/max-keiser-death-us-dollar-middle-class-and-overall-economy

http://www.zerohedge.com/article/albert-edwards-warns-western-authorities-positioning-dismal-failure-us-becomes-japan-redux

http://finance.yahoo.com/news/National-retail-group-offers-apf-2495755426.html?x=0&sec=topStories&pos=2&asset=&ccode


10 posted on 10/06/2009 9:25:59 AM PDT by FromLori (FromLori)
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To: FromLori; All

Interesting “structural” discussions in the youtube video. G4/G7/G20/IMF in detailed discussions of SDR’s (special drawing rights), coupled with a 50% dollar devaluation.

Oil purchases with a “new basket” comprised of 40-50% gold, and 40-60% “blend” of currencies from Russia, China, Japan, Brazil, France ...

So if you made $200k last year, next year may feel like $100k ... after the 50% devaluation.


13 posted on 10/06/2009 12:02:21 PM PDT by Nobel_1 (bring on the Patriots!)
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