Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: Perspective who wrote (2165)	6/7/2003 2:27:02 PM
From: NOW	Read Replies (2) of 4905

your scenario assumes of course the willing or unwilling participation of other major economic powers which hold US debt....it also assumes that the US does not suffer some kind of powerful reversal in global perceptions of it as safe haven does it not? Can you show me a historical example of debasement of a countries currency leading to any kind of economic salvation? It would appear to me as well, that one crucial flaw in your scenario, is that it neglects thefactthat we are deeply in the process of exporting deflation to the rest of the globe.

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