What do you guys think?

[Max]

I think Roubini (doom) probably has this one pegged. If other markets manage to inflate the dollar value the market is sure to crash big right now. And our widespread method of printing our way out of this could crash the world markets.

http://www.businessinsider.com/roubini-the-new-dollar-carry-trade-is-bound-to-blow-up-2009-11

[Johnny Dangerously]

I think Roubini (doom) probably has this one pegged. If other markets manage to inflate the dollar value the market is sure to crash big right now. And our widespread method of printing our way out of this could crash the world markets.

http://www.businessinsider.com/roubini-the-new-dollar-carry-trade-is-bound-to-blow-up-2009-11
My friend, I think we're looking at the perfect storm brewing here. The value of the dollar globally is dropping like a rock, we're running record deficits with no hope of relief anywhere in sight, we have two major programs (SS & MCare) that are about to bust the budget if the politicians don't get some cajones and reign in spending, we're talking about providing "free" healthcare not just for citizens but for pretty much anyone who can sneak across our borders, the Bush taxcuts will expire after 2010, and Cap & Trade is right around the corner.

Roughly 1/2 of my portfolio is is energy and precious metals right now and about 1/4 of it is in foreign stocks, but I really don't have confidence in anything right now. I truly believe that there is no such thing as a "safe haven" in the financial markets anymore.

[coolbreeze]

When there's a collapse we'll simply fix it again by printing another 3 trillion dollars. Then when that doesn't work, we'll print 6 trillion more to make sure it works. Then when that doesn't work, we'll just have to face the facts that a gallon of milk will cost us $50,000.00.

The million dollar question is........ is a world market collapse inevitable? Unfortunately, the signs seem to show this apocalyptic scenario to be more likely then not. In the real world I'm saying. In a fantasy world, everything's just fine!

[TaxmanHog]

.....The million dollar question is........ is a world market collapse inevitable? Unfortunately, the signs seem to show this apocalyptic scenario to be more likely then not.

Yes, if you mean pressing reset button worldwide, I wonder which of our creditors will attempt to collect on the claim, like any creative dead beat we will tell them to F'off :gun:

[Jeb]

Well, I have to agree with most of that assessment and our new found GDP is just about as honest as the words coming out of Rahm "deadfish" Emmanuel!

[coolbreeze]

Yes, if you mean pressing reset button worldwide, I wonder which of our creditors will attempt to collect on the claim, like any creative dead beat we will tell them to F'off :gun:

Or we may let them celebrate their communist state by raising their communist flag on the White House Lawn in Washington DC to celebrate their communist victory. But that's insane. That will never happen.

http://english.cctv.com/program/worldwidewatch/20090921/images/1253494689890_1253494689890_r.jpg
http://img.youtube.com/vi/9P53UFVm2-k/0.jpg

Or we might let them use America's well known icon, The Empire State Building to celebrate communism by allowing it lit in China's yellow and red colors. But that's insane too. That would never happen.

http://i.telegraph.co.uk/telegraph/multimedia/archive/01492/empire-state_1492992i.jpg

Then again, with Marxist Obama in charge, anything's possible.

[right$pecial]

Agreed. In complete simpleton terms: we have far more debt than we can cover and we are "fixing" this by spending more and printing more. Furthermore, we don't appear to be creating the kind of wealth that this country is known far as our industries continue to crap out/get bailed out or move out, and a ridiculous(I don't care what the administration said last week) number of people continue to lose jobs. Yes, a real crash is probably inevitable at this point.