Possible US bankruptcy?

Confused · 03-20-2008, 02:00 AM

Hi creampuff

Eloquently put and 'bang on the money'.....well said !

Best regards
Richard

creampuff · 03-20-2008, 05:29 PM

Originally posted by Confused

Hi creampuff

Eloquently put and 'bang on the money'.....well said !

Best regards
Richard

Thanks Richard, I used to manage institutional investors years back so I do have some grasp of economics.

The weak US$ will inevitably cause price inflation in the US domestically, but it will also mean that other currencies not pegged to the US$ will appreciate as well. For an export economy like Japan for example, this will mean a stronger yen which translates to Japanese goods being priced higher (read higher price for Pentax and other Japanese goods).

Best tip right now is to load up on commodity stocks and dump those banking stocks.

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03-20-2008, 02:00 AM	#46
Confused Inactive Account Join Date: Jul 2007 Location: London Posts: 1,067	Hi creampuff Eloquently put and 'bang on the money'.....well said ! Best regards Richard

03-20-2008, 05:29 PM	#47
creampuff Veteran Member Join Date: May 2007 Location: Singapore Photos: Gallery Posts: 3,953	Originally posted by Confused Hi creampuff Eloquently put and 'bang on the money'.....well said ! Best regards Richard Thanks Richard, I used to manage institutional investors years back so I do have some grasp of economics. The weak US$ will inevitably cause price inflation in the US domestically, but it will also mean that other currencies not pegged to the US$ will appreciate as well. For an export economy like Japan for example, this will mean a stronger yen which translates to Japanese goods being priced higher (read higher price for Pentax and other Japanese goods). Best tip right now is to load up on commodity stocks and dump those banking stocks.