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Re: The coming collapse of the US dollar Posted on: Sat, 23 Jun 2007 12:27:52 +1000

Greg Rozelle wrote
> Rod Speed wrote
>> Hatunen wrote
>>> Rod Speed wrote
>>>> Lizzard Lips wrote
>>>>> Alohacyberian wrote
>>>>>> bowman wrote
>>>>>>> Alohacyberian wrote

>>>>>>>> Yeah, well the kind of behavior that lead to the Great
>>>>>>>> Depression can't be repeated because of the myriad of
>>>>>>>> safeguards that have been put in place since that time.

>>>>>>> How many of those 'safeguards' were dismantled?

>>>>>> It doesn't matter, really; it's the safeguards that are still
>>>>>> in place that count. The point remains the same - there
>>>>>> can't be another stock market crash like the one in 1929.

>>>>> The government has no way to force people to put a certain value on a stock.

>>>> Doesnt need that to avoid another 1929 stock market crash.

>>> So how would that be done?

>> The way it has been done works fine.

> Rod, I think the poster met how would a stock marker crash happen in Today's world.

Probably.

> Like the other post said, there are safety things built into the system.
> They close it down for awhile, to have a cooling off period.

There's more than just that involved.

> I been watching the exchange rates. Canada currency was heading
> up to the equal the U.S. dollar mark, now the Canada dollar is lowering.

Ours is returning to what it was 20 years ago.

Separate issue entirely to the 1929 stock market crash tho, the decline in the USD
is entirely due to the immense amount of money being pissed against the wall in Iraq.


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