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From:jdingler4@comcast.net
Received:12/30/2005 04:24 PM
Subject:Re:Doomsday for the Greenback

How much long can US Citizens buy trinkets from China? How many more cashouts are left in real estate?
 
How much longer will the gasoline bought out of the European Emergency Reserve last the US?
 
Or will Bush just buy more gasoline with deficit dollars, then give it to the oil industry to resell? How many times in a row can Bush do this to keep prices artificially low?
 
I expect inflation to go on a tear in 2006. Walmart will have to scale back. People will save their money to buy bread and canned soups rather than shop for automated refrigerated butter slicers at Walmart. They'll have to focus on essentials and reducing waste.
 
In 2006, will China have any lucrative markets to service?
 
Jack Dingler

-------------- Original message --------------
From: Dan Bloomquist <>
> Hi Nick,
> I've seen Clark's stuff before. I have not read his book. But 'dump the
> dollar' just doesn't make sense.
> http://www.eubusiness.com/Finance/051214130216.mbwocr4z
>
> As far as economic strength, take Germany out of the Euro zone and you
> have a basket of countries that seem to be looking for air. China holds
> most of our domestic securities so what will they do? Start shipping
> trinkets to Europe?

 

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