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Yes beware the dollar, and anything else the US government sponsors, or issues. The house of cards is still posed to slide to hell when the public discovers the GSEs are very thin capitalized and their underwriter is even more shaky. A national bankruptcy akin to Japans decade of "ice" is upon the markets. We must learn to pretend that hollow institutions are real and that all will be well. Start now please.
Sep 10 09:52 am
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All Comments by whidbey »Desjardins Analyst: Be Wary of Hiding in U.S. Dollars or Treasuries [View article]