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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: michaelrunge who wrote (29357)3/25/2005 7:50:40 AM
From: Crimson Ghost  Read Replies (2) of 110194
 
But the consequences of the dollar losing its reserve currency status could be worse than a severe recession or even a GM bankruptcy And a further plunge in the greenback could well trigger this.

My take is that Greenspan does not care much about the buck UNLESS ITS RESERVE CURRENCY STATUS IS THREATENED.
And we may be nearer to that point than many think
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