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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Taikun who wrote (31542)5/1/2005 10:32:16 PM
From: Chaka  Read Replies (1) of 110194
 
I posed this question the other day. How can the USD be overvalued compared to where? The UK? The UK is frighteningly uncompetitive and have a paucity of major companies compared to the US.

USD will devalue compared to real assets - oil, metals, sugar, you name it. What happens to USD with respect to Pound, Yen, or Euro depends on who is winning at any given moment in devaluing their currency in order to be "competitive".
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