USuncutMN says: Tax the corporations! Tax the rich! Stop the cuts, fight for social justice for all. Standing in solidarity with http://www.usuncut.org/ and other Uncutters worldwide. FIGHT for a Foreclosure Moratorium! Foreclosure = homelessness. Resist the American Legislative Exchange Council, Grover Norquist and Citizen's United. #Austerity for the wheeler dealers, NOT the people.



We Are The 99% event

USuncutMN supports #occupyWallStreet, #occupyDC, the XL Pipeline resistance Yes, We, the People, are going to put democracy in all its forms up front and center. Open mic, diversity, nonviolent tactics .. Social media, economic democracy, repeal Citizen's United, single-payer healthcare, State Bank, Operation Feed the Homeless, anti-racism, homophobia, sexISM, war budgetting, lack of transparency, et al. Once we identify who we are and what we've lost, We can move forward.



Monday, September 12, 2011

A shortage of dollars?: Real Econ TV

 I wasn't on FB, twitter or even blogging much a year ago (www.ladybroadoak.blogspot.com) BUT I pointed all this out back then myself .. Virginia


From Real Econ -

We ran this video about a year ago and many thought
it was extreme.

How extreme does it seems today?

The Euro heading off a cliff? Dollars to become
the golden boy again?

Video:

http://www.realecontv.com/page/584.html

Ken McCarthy
Real Econ TV



Hugh Hendry - It's not over yet
Hendry brings up some important points that you won't hear very often among the consensus financial media:

1. How is the Euro system going to survive when its members skirt default and can't adjust their economies because the currency they use is not under their control?

2. What happens if the slowdown in the US (China's biggest customer) starts taking down China's economy?

3. How is the world economy going to deal with the shortage of US dollars?

The third question might seem the most outlandish, but if you take away current currency prices (as of 9/27/2010) and some (but not all) commodity markets there is already CLEARLY a shortage of US dollars.

Want proof?

Try to trade real estate for dollars in the US especially California. Florida and Nevada. Try to get yield from US Treasuries. In these massive markets, the dollar is quite scarce (and valuable) in comparison indeed.

How much of the boom in certain commodity prices like gold is the result of hedge funds and big banks seeking short term momentum returns on easy terms money - and what happens when that game is over?

Think long and hard about the US dollar. It may in fact look shabby in the short term and be hopeless in the long term, but if the Euro Zone, China and commodity prices hit the wall, who's going to be the fairest of them all?

Sometimes the winner is the investment that stinks the least and strangely perhaps to those who have thought it all thew way through, while the dollar may be a dead man walking, it may be prove in the next coming years to be the most sought after currency on the planet.


For more Capital market collapse videos, click here

 

No comments:

Post a Comment