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roguedolphin

03/23/05 3:19 PM

#7533 RE: avandalay05 #7527

Regarding $10 cups of coffee......I would refer you to study the collapse of the Argentinian currency and government of a few years ago.
The situation you talk about was NOT the case there and probably won't be here either. The Argentianian people saw huge increase's in the cost of everyday items as the currency lost most of it's value in a few months. Foriegners came in and "picked up the pieces" in the property and real estate markets because they had become bargains in depreciated Argentine pesos. Foriegners will be picking over the "destruction" in our economy too. "Unhedged" US citizens will feel the pain just as the Argentines did. They had several governments over there in just 6 months and all kinds of rioting! Banks were closed and when people COULD get there money out it didn't buy much! The "proverbial" $10 cup of coffe became "reality".
I still think you have to get the heck out of the US$....it scare's me to death!!

Rogue