Comments on: Rodrigue Tremblay: Financial Bankruptcy, the US Dollar http://housingdoom.com/2007/08/24/rodrigue-tremblay-financial-bankruptcy-the-us-dollar/ Fri, 18 May 2012 02:39:21 +0000 hourly 1 http://wordpress.org/?v= By: MG http://housingdoom.com/2007/08/24/rodrigue-tremblay-financial-bankruptcy-the-us-dollar/#comment-7058 MG Fri, 24 Aug 2007 19:30:35 +0000 http://housingdoom.com/2007/08/24/rodrigue-tremblay-financial-bankruptcy-the-us-dollar/#comment-7058 "As I mention in my article, the crisis is essentially a long-lasting "solvency" crisis. The Fed can alleviate the short term "liquidity" crisis by discounting assets-based securities, but it cannot solve the "solvency" crisis that will unfold during the coming months."" Sounds like what Ron Paul was alluding to on Kudlow's show: www.youtube.com/watch?v=x_vPUqPTims “As I mention in my article, the crisis is essentially a long-lasting “solvency” crisis. The Fed can alleviate the short term “liquidity” crisis by discounting assets-based securities, but it cannot solve the “solvency” crisis that will unfold during the coming months.”"

Sounds like what Ron Paul was alluding to on Kudlow’s show:

http://www.youtube.com/watch?v=x_vPUqPTims

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