November 21, 2005

still i repeat



 i bang these buggars
and yet

the highest regard i get....


ignorance 


=========================================


now say we're not talkng a  single bad jolt 
or a long  smooth move downward
but a real honest to god 

  dollar el dropo 
 
as in brad's crux : 
 
where  
 
"official flows into the US 
wouldn't be able to finance a deficit
 if US residents 
wanted to move their stock of savings
 out of the US,
 or foreign private investors 
want to reduce their stock 
of claims on the US"  

is this possible ??? 

yes of course 

if the us were just
           a huge argentina  
 
but is it ?? 
 
is it even just a more unified euro zone ???? 
 
is a massive dollar flight  
possible/allowable /meaningful  
in a world where even a one eyed dollar is still king ????? 
 
or can the inevitable group of reason seeing CBs always 
even if reluctantly 
patch the dollar to hold water  
till "rescued "more fundementally ???? 


Posted by lady eve at November 21, 2005 07:17 AM

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