What is Digg?24 Comments
- inactive, on 06/26/2009, -5/+16The dollar will eventually collapse, but it is happening relatively slowly.
The question remains: what will China do with its dollar reserves? This week the US authorized a sale of 108 billion in IMF gold and that transaction was certainly demanded by the Chinese to convert some of their dollars into gold.
The markets are reacting, and they are spooked. If there is a big problem at any of the Treasury auctions this summer, that will drive the dollar down farther. As it loses its value internationally, it will be impossible to keep inflation in check in America. The road that the Federal government has taken us done is going to end in disaster. - card51short, on 06/26/2009, -6/+14Really? You mean everything is just fine and dandy?!
Whew! Thanks so much for that, NoLibs. I know you're always the voice of reason and since you're so successful at...well...EVERYTHING we can only take your words to heart.
I know I will treasure these words of wisdom.
Everyone! The dollar and the stock market continuing to collapse means nothing! Everything is fine in all the "sectors"! We're doing great! NoLibs said so! Woooo!!!! America, ***** YEAH!!!! - card51short, on 06/26/2009, -5/+12"zzzzzzzzzzzzzzzzzzzzzzzzzzzzz!"
Lol every time he does this I just think of Grandpa Simpson falling asleep mid sentence! - inactive, on 06/26/2009, -4/+10Has the dollar declined against basically all other currencies? yes
Has the value of Treasuries declined dramatically? yes
Are the BRIC countries demanding an alternative to the dollar for the world's reserve currency? yes
Will the upcoming auctions of Treasuries drive the value of US Bonds down further? Without a doubt.
Is there a trend here, or is everything just fine as this trolling moron continuously regurgitates all over digg? - inactive, on 06/26/2009, -5/+11@NoLiberty
"Anyone with any knowledge of economics and world events...." - That pretty much eliminates you doesn't it? - inactive, on 06/26/2009, -4/+7Who is late?
Are you sure that you didn't mean retardado?
Don't try to speak Spanish, you have enough trouble with English
And stay out of my tomatoes http://digg.com/business_finance/Inflation_Fears_F ... - inactive, on 06/26/2009, -4/+7En realidad, soy muy intelegente pero tú eres un payaso, una caricatura de un ser humano. Vuelva al jardín para contaminar los tomates.
Riéndome en tu cara......
http://digg.com/business_finance/Inflation_Fears_F ... - inactive, on 06/27/2009, -3/+6Perhaps you should consider that since Bretton Woods 2 there has never been any serious talk about replacing the dollar as the world's reserve currency. Until now. There is now a certainty that the dollar will lose it's position as the only reserve currency. The expansion in M2 is scaring our trading partners and the amount of bonds to be sold are another problem.
In one thing you are right. I do present articles that tend to prove my thesis. So does everyone. I would like to make people think, to reflect that the course that we are on, with unending increases in Federal debt, expanding regulation, "free trade" and perpetual war will destroy America. I love this country and my compatriots. If I see that we are going to drive off a cliff shouldn't I be yelling that we need to step on the brakes? - Bagos1, on 06/30/2009, -0/+2We are going to go through a period of deflation first. Commodity buyers will rally around supply of raw materials. The supply of finished goods will start to change to a lower price point. Eventually they will become scarce as commodity prices eat into the raw material prices for finished goods. Scarcity is a prelude to inflation. It does not happen overnight, but it seems this is the path we are on now.
Good or bad? Don't know. Controlled, too many opportunists involved to say.
Change in buying habits, assured. - cyberdork, on 06/26/2009, -2/+4Huh? The NASDAQ finished up and the Dow is just 30 points down. The Dollar hasn't moved a lot over the past months...
- inactive, on 06/26/2009, -5/+6You don't know what you're talking about
http://www.fxstreet.com/rates-charts/usdollar-inde ... - Hortnon, on 06/26/2009, -2/+3http://en.wiktionary.org/wiki/retrasado
- inactive, on 06/26/2009, -4/+5Done a long time ago. Now were starting to see it unravel.
- NoLibertarians, on 06/29/2009, -2/+3Not so fast son:
http://digg.com/business_finance/Dollar_Rises_as_C ... - cyberdork, on 06/27/2009, -4/+4Yeah yeah yeah, cherry picking facts to support your opinion and ignoring everything which might contradict it. That's what you are doing all day long, don't you caferell?
How about you look at the long term 'trend' instead of that 100 day period.
http://quotes.ino.com/chart/?s=NYBOT_DX&v=dmax
But I guess that graph doesn't fit your ideology, so better not look at it.
I still remember when the USDX dropped below 100 a few years ago and people like you predicted that as soon it does the whole world would abandon the dollar...
All you guys say is: "Oh, just wait and see." Well, we keep on waiting and we keep on seeing none of your predictions coming true. - LJU1492, on 07/01/2009, -2/+1One World Currency huh... you guy might want to read the Bible; it has stuff in there about a one world government/currency.
- anixmander, on 06/27/2009, -2/+1And I feel fine.....
- NoLibertarians, on 06/26/2009, -8/+5Fear is your problem son. it's what drives you while the rest of us plod ahead and succeed! No, I meant what I said.You were too dense to know it.
- Pakman28, on 06/27/2009, -3/+0It's the end of the world as we know it, it's the end of the world as we know it...
- NoLibertarians, on 06/26/2009, -12/+5 Retrasado
- NoLibertarians, on 06/26/2009, -13/+5The market is not collapsing:
http://www.youtube.com/watch?v=02zOk_LQCkY&fea ... - NoLibertarians, on 06/26/2009, -13/+4zzzzzzzzzzzzzzzzzzzzzzzzzzzzz!
- NoLibertarians, on 06/26/2009, -13/+4Eres un idiota
- NoLibertarians, on 06/26/2009, -17/+6Anyone with any knowledge of economics and world events knows this is political posturing. China pulled all this ***** right before the summit. Things are fluid right now with high volatility in all sectors. There is no common sense way to know how things will end. The demise of the dollar is wildly exaggerated
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