http://www.etfguide.com/commentary/1095/...2-Billion/

George Soros and all his leftist friends are happy probably.
Broke the Bank of England and made a fortune.
He certainly has enough US connections in the right places to make
things like this as just an afterthought.

Here's the $16T question: Does the Fed Reserve continue business as usual and the dollar ultimately collapses, or does the Fed stop QE in the coming weeks; which causes the stock market to drop around 10K points?

(08-05-2013 02:34 AM)GoApps70 Wrote:  George Soros and all his leftist friends are happy probably.

Anything that weakens the United States makes Soros (and his leftist allies) very happy, indeed.

But the irresponsible way that America has handled it's currency and its debt is really not Soros' fault.

(08-05-2013 06:43 AM)Native Georgian Wrote:  

(08-05-2013 02:34 AM)GoApps70 Wrote:  George Soros and all his leftist friends are happy probably.

Anything that weakens the United States makes Soros (and his leftist allies) very happy, indeed.

But the irresponsible way that America has handled it's currency and its debt is really not Soros' fault.

As I'm sure you know, America (as in the government), doesn't handle it's own currency or debt. That's why we have the highly accountable Federal Reserve. Since it's inception it has yet to be audited, not once. It's long past time to abolish it.

(08-05-2013 02:58 AM)ClairtonPanther Wrote:  Here's the $16T question: Does the Fed Reserve continue business as usual and the dollar ultimately collapses, or does the Fed stop QE in the coming weeks; which causes the stock market to drop around 10K points?

For some reason, the dollar has been strengthening lately.

(08-05-2013 07:39 AM)TigerBlue4Ever Wrote:  As I'm sure you know, America (as in the government), doesn't handle it's own currency or debt. That's why we have the highly accountable Federal Reserve. Since it's inception it has yet to be audited, not once. It's long past time to abolish it.

The lack of accountability in that realm should be a cause for alarm to anyone who cares about the solvency of this nation. Since only a small minority of Americans fall into that category, I'm sure we will probably continue on the same basic path that we've been on.

(08-05-2013 08:08 AM)VA49er Wrote:  For some reason, the dollar has been strengthening lately.

Only in comparison to some other currencies (euros, anyone?) that are in even worse shape.

(08-05-2013 08:31 AM)Native Georgian Wrote:  

(08-05-2013 08:08 AM)VA49er Wrote:  For some reason, the dollar has been strengthening lately.

Only in comparison to some other currencies (euros, anyone?) that are in even worse shape.

Not exaclty true. The dollar has been strenthening against at least one South American country I'm familiar with. That country has had recent economic growth the US would kill for right about now.