Sunday, September 14, 2008
How to Profit from the Coming Economic Collapse ?!
The stampede will trample the dollar.
To make good, US must rely on the printing press to create money out of thin air. The rapid expansion in money supply will push the dollar down mercilessly.
Right now every asset on the planet is being sold except the U.S. dollar. To me this rally looks like the last gasp of a dying currency. Just like a toy rocket ship, once the dollar runs out of fuel it will crash back down to Earth.
Latest: The engines that powered record growth in the financial industry over the last decade -- cheap credit and surging property values -- have been thrust into reverse.
Lehman, which employed 25,935 people at the end of August in 61 offices around the world, had a balance sheet totaling $786 billion as recently as February.
To make good, US must rely on the printing press to create money out of thin air. The rapid expansion in money supply will push the dollar down mercilessly.
Right now every asset on the planet is being sold except the U.S. dollar. To me this rally looks like the last gasp of a dying currency. Just like a toy rocket ship, once the dollar runs out of fuel it will crash back down to Earth.
Latest: The engines that powered record growth in the financial industry over the last decade -- cheap credit and surging property values -- have been thrust into reverse.
Lehman, which employed 25,935 people at the end of August in 61 offices around the world, had a balance sheet totaling $786 billion as recently as February.
THIS LINK posted by Joseph Bell : 3:08 PM
