Philly Jim

The Great Dollar Pump of 2008: A Doomed Central Bank Intervention

The economic environment is more attractive in the United States than any other nation and the rest of the world is not doing as well as the media & hedge funds would have you believe. The Germans are the only drivers of EZ economy and they are getting fed up with being a part of the E.U.. As for Asia, you can still buy kids wholesale in throughout the region, women are a commodity and despite their adaptation of the iphone and skyscraper, don't kid yourself, they will never be America - and the financial crisis has barely begun in Asia, they are still selling the idea of credit and when those debts are called in, the ceiling is gonna fall in on that region of the world; the only money supporting them has been burned up by subsidies and speculative smart money investors have figured this out, just check out the outflows - the rest will be stuck on the squat toilet.

There's no place like home, no place like the U.S.A.. Even the idea of hedging that bet with commodities is subject to extreme volatility. The dollar should fundamentally be inverted to the pound, loonie, aussie, etc... but because they are an allies and we need them to be strong, their currency and economy are allowed to inject with financial steroids every now and then. Stay with the dollar long-term, ride the speculative waves but in the end, you know where it is safest.