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Politics : Stockman Scott's Political Debate Porch
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To: Mannie who wrote (25055)8/11/2003 11:11:35 AM
From: Rarebird  Read Replies (1) of 89467
 
<Thought it was the most interesting piece of market news in a while...>

The global ticking time bomb is the fact that the fate of the US Dollar is in the hands of its foreign holders. It is clear that US deficits are reaching the limits of foreign savings to fund. It is equally clear that at the point where US Dollar holders either decide to sell or have no choice but to sell, the crash of the US Dollar is assured.
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