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Dave Wrixon » Comments » BBBY

  • Can a Market Crash Save Us from Hyperinflation? [View article]
    I am sorry, but one of America's biggest problems is the over-valued dollar. In reality it probably needs to drop about 50%.. There is no doubt that an over-valued dollar is a primary cause of the the twin deficeits that have caused this catastrophe. Maintaining an artificial high rate is totally counter productive.

    Stopping the dollar falling once it has reached fair value, however, might just have something to do with controlling the circulation of dollars. To stablisise the dollar and enhance its status means to stop printing.

    Yes, American in general including the government has overspent. The consumer is being a little contrite these days, but they Government is just going on one bender after another. When corporations are insolvent they go into judicial adminstration and the CEO is generally removed. I think this is what is required in the case of the US Government.
    Jun 30 06:30 am |Rating: +5 -6 |Link to Comment
  • Earnings Season: U.S. Banks Will Make or Break the Rally [View article]
    Reality suspended.

    This preliminary announcement was almost as disingenuous as the Citibank Memo.

    It is the below the line earnings that matter, not some BS figure that ignores the write downs.
    Apr 13 15:23 pm |Rating: +1 -2 |Link to Comment
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