Comments on: U.S. Dollar Will Weaken, Currency Crash Possible, Roubini Says? http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/ Discussion of Forex Trading and Currency Trading Wed, 23 May 2012 13:57:25 +0000 http://wordpress.org/?v=2.3.3 By: Eat http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18529 Eat Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18529 which play book instructs the revolutionary to first destroy the currency? When you know that answer will you still follow Obama? which play book instructs the revolutionary to first destroy the currency? When you know that answer will you still follow Obama?

]]> By: TEH TYME KITTEH ~pantheist~ http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18530 TEH TYME KITTEH ~pantheist~ Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18530 Buy Gold Buy Gold

]]> By: good guy http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18531 good guy Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18531 read The Shock Doctrine by Naoim Klein, it will scare the bejesus out of you. read The Shock Doctrine by Naoim Klein, it will scare the bejesus out of you.

]]> By: Daniel http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18532 Daniel Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18532 Yes, we are in trouble. When it gets bad enough though (soup lines), Obama will "save" us and the transition will be complete. Few Americans would allow him to just "take" our liberties. But when your child is hungry, you will accept what you must. Yes, we are in trouble. When it gets bad enough though (soup lines), Obama will "save" us and the transition will be complete.

Few Americans would allow him to just "take" our liberties. But when your child is hungry, you will accept what you must.

]]> By: kcbf http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18533 kcbf Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18533 Not yet, there are some actions that we can take to avoid massive inflation from all of the money we have placed into circulation. The first is to start new business and grow the GDP at about 3-4% per year for a handful of years on out. This should soak up the excess money printed. The problem is any projection that is not coming from the Obama administration says we will never accomplish that. The other, would be to default on some of our debts to foreign countries and restructure all of the debt we have. Keep in mind other countries do not want to be paid in worthless dollars either, they have plenty of interest in a strong currency. But rationally, we are in some serious trouble. Not yet, there are some actions that we can take to avoid massive inflation from all of the money we have placed into circulation.

The first is to start new business and grow the GDP at about 3-4% per year for a handful of years on out. This should soak up the excess money printed. The problem is any projection that is not coming from the Obama administration says we will never accomplish that.

The other, would be to default on some of our debts to foreign countries and restructure all of the debt we have. Keep in mind other countries do not want to be paid in worthless dollars either, they have plenty of interest in a strong currency.

But rationally, we are in some serious trouble.

]]> By: matthew http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18534 matthew Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18534 Either Obama and the Federal Reserve are delusional or they are trying to crash the currency on purpose. Either Obama and the Federal Reserve are delusional or they are trying to crash the currency on purpose.

]]> By: Gregg http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18535 Gregg Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18535 Yes, quite true. This year began with a soft dollar; it has no value to foreign countries. To make matters worse, we have two stimulus packages & a budget that is vary ambitious. This has been going on since Nixon, & wont get better until we can export something to other countries. Best bet is to buy some silver. Currently you can buy for about $15 per ounce. Like gold, its value goes up when the dollar goes down (& it's cheaper). Yes, quite true. This year began with a soft dollar; it has no value to foreign countries. To make matters worse, we have two stimulus packages & a budget that is vary ambitious. This has been going on since Nixon, & wont get better until we can export something to other countries.
Best bet is to buy some silver. Currently you can buy for about $15 per ounce. Like gold, its value goes up when the dollar goes down (& it’s cheaper).

]]> By: rph098 http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18536 rph098 Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18536 Team O wants to pay off our debt with hyper-inflated dollars. When a loaf of bread costs 10 million dollars, we'll be debt free. Hyper-inflation or default - our two options. Team O wants to pay off our debt with hyper-inflated dollars. When a loaf of bread costs 10 million dollars, we’ll be debt free.
Hyper-inflation or default - our two options.

]]> By: BekindtoAnimals22 http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18537 BekindtoAnimals22 Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18537 Unfortunately the government printed at least 2 trillion and dispersed it into the economy. This along with the massive deficit will lead to hyperinflation when the economy begins to pick up. There is no doubt about it. With the devaluation of the dollar it will no longer be used as the international currency and is likely to collapse. Some countries have already stopped using the US dollar and have switched to the Euro. Unfortunately the government printed at least 2 trillion and dispersed it into the economy. This along with the massive deficit will lead to hyperinflation when the economy begins to pick up. There is no doubt about it. With the devaluation of the dollar it will no longer be used as the international currency and is likely to collapse. Some countries have already stopped using the US dollar and have switched to the Euro.

]]> By: delina_m http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18538 delina_m Tue, 30 Nov 1999 00:00:00 +0000 http://www.myylt.com/2009/10/03/us-dollar-will-weaken-currency-crash-possible-roubini-says/#comment-18538 When this happens the rest of the world will at last be free. When this happens the rest of the world will at last be free.

]]>