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re: SHORT THE DOLLAR

Posted on 11/7/12 at 7:25 am to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 11/7/12 at 7:25 am to
Thank you. I disagree with you and I will address that later, but making a well thought out post with a good basis is something everyone should strive to do on this board.

1) Euro - Europe is more socialist and more debt burdened than the US. To validate your argument for the dollar devaluing because of debt and socialism you're going to have to explain how the US is different/worse than Europe in that aspect.

2) JPY - You think there is financial strength in Japan with 2x GDP debt burdens, but you are worried about US debt burdens devaluing the dollar?

quote:

When rates are artificially low because the government is the primary buyer of notes.


I think you forgot the end of that sentence.

quote:

This easy monetary policy will continue for the foreseeable future causing an escalation of national debt.


How is this a monetary issue and not a fiscal issue?

quote:

And no I would like your rationale.



Didn't read this until after I already typed everything. I'm posting it anyway. Have fun wallowing in your own ignorance and self perceived intelligence.

FTR, I'm very conservative and am very disappointed with the election results.
Posted by Crbello4Hiceman
Lurking
Member since May 2011
502 posts
Posted on 11/7/12 at 1:40 pm to
Open question to all (serious question). I don't know as much about fiscal policy/currency issues as yall do.

I understand the world isn't going to end tomorrow but at what point will the deficit affect us the way it is affecting Europe? Do we just need to make sure they have higher debt than us? I know we are where people go because we are more stable than other places but what will it take for that to change and for us to get in trouble?
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