Roubini: The New Dollar Carry-Trade Is A Disaster In The Making

Nov 022009

Extend and pretend the economy is real. More distortions created by US policy that are setting up the next major world problems.

Get ready for the inevitable crisis when the US dollar really starts to rally again.

And the so-called sovereigns, in these different governments, are simply the heads, or chiefs, of different bands of robbers and murderers. Lysander Spooner
I have a scheme for stopping war. It's this - no nation is allowed to enter a war till they have paid for the last one. Will Rogers
The founders were not democrats; they foresaw today's pillage politics - and they understood that, unchecked, overbearing majorities would be more malignant than monarchs. All too well did the founders know that, granted a vote, the unpropertied masses would help themselves to the belongings of the propertied. Ilana Mercer
America needs fewer laws, not more prisons. James Bovard
Let freedom reign. The sun never set on so glorious a human achievement. Nelson Mandela
It is easy to confuse a falling standard of living with deflation. Monty Pelerin

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