Seeking Alpha

OldLimey » Comments » Single Comment |

  • Artificial U.S. Dollar Rally Is Coming to an End [View article]
    kotika98: "US will be coming out of recession in 6 months, where europe is just sliding into a another multiyear malaise."

    Unless you believe that the US consumer is set to lever up even more and drive another consumption binge, just what is it that you expect to drive this miracle? Bail outs and infrastructure spending? It will take years to restructure Detroit and rebuild the country's infrastructure. And even if you're correct, the US will also be emerging from recession with an utterly trashed financial system, historic budget deficits, heaven knows how much money supply growth, and an unrepayable debt burden which the rest of the world is now fully focussed upon. Europe's certainly in dire shape, but painting US recovery as a first-in, first-out V-shaped ascent into the sunlit uplands of prosperity while the rest of us linger on in the swamps of monetary delusion is infantile.
    Dec 19 13:11 pm |Rating: +5 -1
All Comments by OldLimey »
Comments by Ticker
AAPL, AAUKY.PK, AAXJ, ABK, ABX, ACWI, ACWX, ADE, ADRE, ADRU, ADY, AFK, AGG, AGIBY.PK, AIG, AMZN, ANZBY.PK, APOL, APWR, ASIA, AVAV, AXP, BA, BAC, BAIRY.PK, BAL, BASFY.PK, BBRYF.PK, BCS, BG, BGR, BIL, BKC, BKF, BMHC, BND, BNPQY.PK, BNZ, BP, BRGYY.PK, BRK.A, BRK.B, BSC, BSV, BTU, BUCY, BWV, BWX, BZF, C,
OldLimey's
Comments Stats
411 comments
Rating: 313 (436 - 123 )