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Will global stock markets seize up in the event of a US Dollar Crash or experience a boom during the early part of the crisis?

PREPARE FOR DOLLAR CRASH go into debt as much as you can. THERE IS SUCKER LENDER BORN EVERY MINUTE. stockholders have three determinates. book value, feasibility of company operations, and the price of the stock. buyers and sellers come together to set that price, however brokers, exchanges, clearing houses, banks, communications lines are also involved. should any one in the transaction chain fail, YOU ARE SCREWED...some are failing now even before the actual event... so what do simple folk do. well, my lord, they whistle, sing and dance and do what their great grandfathers did before there was a federal reserve system...report of a clearing failure, bank in trouble...may be a run if you have chaos on both ends of a transaction, how are you going to clear?

can't get out of china markets... fund redemption windows closing... P
(amish financial network) financials decimated, liquidity disappearing, managed funds are showing faux statements, redemption windows closing ...AFN; "F"AN systemic banking problem "Brownie, you're doing a heck of a job"...

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(August 24, 2007) Global stock markets have recently sustained a serious drop in prices only to rebound. This action in stock trading may be in prepartion for a dollar crash. The current dollar technicals and data suggest that it will happen soon. The dollar has already fallen 33% and the question now becomes to what extent will the next fall be. The dollar currently trading at 80 is expected to drop to 70 and then 50, but it's hard to imagine such a chart pattern during a global panic. The US treasury note and bond remains placid however billions have been dumped from foreign accounts. Gold has not yet made a new high , but oil smells it... If such an event should occur, our expectation is that it would follow the russian default model...certain financial instruments have already seized up and we would presume the stock markets would as well. kamikaze portfolio

(bbc) The outcome of the crisis hinges to a large extent on the success of the Argentine government's plan to issue a "third currency" - to be known as the Argentino - to circulate alongside the dollar and the dollar-linked peso. Full details have not yet been announced, but the Argentino is expected to take the form of a non-exchangeable peso which, unlike dollar-linked pesos, will not have to be backed by hard currency in central bank vaults. This means that the government will have greater freedom to print non-convertible peso notes and use them to pay salaries and pensions, while continuing to divert hard currency towards debt repayments. The new pesos will carry only a fraction of the purchasing power of dollars or dollar-linked pesos, increasing the economic hardship facing the Argentine people. But the government is likely to protect the interests of foreign-owned Argentine businesses by allowing them to carry out dollar-denominated investment projects at a favourable exchange rate. It may also try to boost its own dollar reserves by forcing Argentine exporters to convert hard currency for Argentinos at a less favourable rate.

(ssrn.com) A Stock Market Boom During a Financial Crisis? ADRs and Capital Outflows in Argentina MICHAEL MELVIN Arizona State University - Economics Department
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June 2002 ASU Department of Economics Working Paper No. 6/2002 Abstract: 牋牋 Beginning in late 2001, Argentina experienced a tumultuous economic and social crisis including the end of the decade-long peso peg to the dollar, drastic foreign exchange and capital controls, violent anti-government demonstrations, social unrest, and the largest debt default in history. Yet the Argentine stock market experienced a boom during the early period of the crisis. This is in contrast to the experience of other countries undergoing financial crises, where the domestic stock market experiences sharp declines in value. This paper explains the surprising Argentine experience as a result of investors using the stock market to shift funds out of Argentina and into the United States. This was accomplished via purchases in Argentina of shares of firms listed in the United States and traded as American Depositary Receipts (ADRs). These Argentine shares were converted into ADRs and sold in the U.S. to shift out of pesos in Argentina into dollars in the United States. While ADRs and underlying share prices typically trade in a very narrow range, during the time when ADR conversions were permitted in Argentina, a large premium on share prices in Argentina relative to ADR prices existed. This premium reflected the capital loss expected on peso investments in Argentina and the value of capital control avoidance. On March 25, 2002, the conversion of Argentine shares into ADRs was prohibited and the premium of Argentine share prices over ADR prices once again returned to fluctuate about zero.

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