Comments on: US$ rally continues

By: Bernie X

Bernie X — Mon, 23 Nov 2009 01:24:29 +0000

Yeah, we’re insolvent.

Well, except for that $14 trillion GDP every year.
But other than that, yeah we’re insolvent.

If the dollar is dead why do we have a lower debt/GDP compared to EUR and JPY ?
If the dollar is dead why has our M3 only increased 1% since TARP began ?

@Pat: Only against other currencies ?
If the dollar is dead why are soybean futures, orange juice futures, lumber futures, wheat futures, sugar futures, coffee futures, and cotton futures at the same price as 30 years ago ?

By: Pat G.

Pat G. — Sat, 21 Nov 2009 03:13:46 +0000

@ davossherman

Well put. And the USD rally is really only against; other currencies. Race to the bottom….

By: davossherman@gmail.com

davossherman@gmail.com — Fri, 20 Nov 2009 20:34:20 +0000

Oh I’m not partisan.

I’ll go all the way back to FDR.

Two wars and a tax cut because Daddy Bush lost to Clinton for the read my lips and then I better reign in the debt.

Nope, we have a bread and circus empire being sold as a Democracy/Republic and being raped and pillaged. My point was: With morons saying we have to be financially responsible and then passing trillion dollar irresponsible bills I’m not holding my breath for any dollar “rally”.

We are as insolvent as Enron, the dollar is a dead dollar walking, every time it takes a breath some folks get all hot and bothered, me, I think it is it’s last, or one of it’s last.

By: cewing

cewing — Fri, 20 Nov 2009 19:33:19 +0000

After 8 years of George W. Bush, “President Fiscal Irresponsibility” and “merry band of morons” just doens’t sound right referring to anyone else.

By: davossherman@gmail.com

davossherman@gmail.com — Fri, 20 Nov 2009 14:18:25 +0000

President Fiscal Irresponsibility and his merry band of moron’s are going to try to ram another multi trillion dollar unsound bread and circus show through this weekend.

I’m not holding my breath.