skatha24
06-03-2003, 06:28 AM
To fight deflation we have turned to the printing press.
Within a few weeks the dollar has decreased to the Euro by 31%.
The collapsing dollar is doom for the U.S. financial markets, both bonds and stocks. In fact, such a collapse is the single greatest risk for the world economy according to leading economists.
How many more stock market rallies can we have? And why is it that everyone is selling dollars and turning to Euros? Has the world lost faith in the dollar. OPEC was considering turning to Euros... imagine buying petroleum and having a conversion rate at 31% or more.
I am not sure where our economy is going but when faith is lost in the dollar and our government is printing away paper money everyone in all parties should be concerned for America.
A report commissioned by former Treasury Secretary O'Nll puts the 'real' federal deficit at $44 trillion.
Incomes are flat or falling. People have more debt than ever. The government has obligations equal to more than 400% of the total GDP...an economy that seems to be slouching toward a printing press. Is this a good moment to buy stocks at 35 times earnings (the current P/E for the S&P) or bonds denominated in the currency of the world's leading debtor?
Please Respond to for I care to hear what any real American who truely loves thr country agree with what is going on? The WMD have already occured within our homeland in the financial markets.
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ALCOHOL REHAB FORUM (http://www.rehab-forum.com/alcohol-rehab/)
Within a few weeks the dollar has decreased to the Euro by 31%.
The collapsing dollar is doom for the U.S. financial markets, both bonds and stocks. In fact, such a collapse is the single greatest risk for the world economy according to leading economists.
How many more stock market rallies can we have? And why is it that everyone is selling dollars and turning to Euros? Has the world lost faith in the dollar. OPEC was considering turning to Euros... imagine buying petroleum and having a conversion rate at 31% or more.
I am not sure where our economy is going but when faith is lost in the dollar and our government is printing away paper money everyone in all parties should be concerned for America.
A report commissioned by former Treasury Secretary O'Nll puts the 'real' federal deficit at $44 trillion.
Incomes are flat or falling. People have more debt than ever. The government has obligations equal to more than 400% of the total GDP...an economy that seems to be slouching toward a printing press. Is this a good moment to buy stocks at 35 times earnings (the current P/E for the S&P) or bonds denominated in the currency of the world's leading debtor?
Please Respond to for I care to hear what any real American who truely loves thr country agree with what is going on? The WMD have already occured within our homeland in the financial markets.
________
ALCOHOL REHAB FORUM (http://www.rehab-forum.com/alcohol-rehab/)