#1) The US stock market will crash. The entire system is fed upon credit and a ponzi-like trickle down policy, and has falsely been stabilized for quite sometime (with substantial help from the US government obviously). Of course a hurricane hitting Houston, another terrorist attack, or anything else of the sort will hurry along the process....
and....
#2) The US dollar will have less than half the value of what it has now. I myself have been hedging against the dollar for roughly six years now, and have been advising others to do the same. I've mainly converted USD into EURO, but have also transferred a fair amount into CDN. I don't think we've seen anything yet, as the US foreign debt, financial reserves, and monetary influence don't even merit where the USD is now. I look for the USD to continue to plummet.
Gentlemen I hope I'm wrong, but feel quite confidant I'm right. I'm acquaintances with one of the sharper finance ph.D.'s one could hope to meet, and his opinions are just downright doomsday. It could be an ugly situation for whomever takes office in '08.
and....
#2) The US dollar will have less than half the value of what it has now. I myself have been hedging against the dollar for roughly six years now, and have been advising others to do the same. I've mainly converted USD into EURO, but have also transferred a fair amount into CDN. I don't think we've seen anything yet, as the US foreign debt, financial reserves, and monetary influence don't even merit where the USD is now. I look for the USD to continue to plummet.
Gentlemen I hope I'm wrong, but feel quite confidant I'm right. I'm acquaintances with one of the sharper finance ph.D.'s one could hope to meet, and his opinions are just downright doomsday. It could be an ugly situation for whomever takes office in '08.

