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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Oblomov who wrote (35543)8/18/2005 12:38:01 PM
From: mishedlo  Read Replies (1) of 116555
 
Not if the other currencies go to zero faster.

That is in fact quite possible, but I do not think it is likely.
It all depends on how hard each country fights the upcoming recession. No one really knows and that is a wildcard.

BTW, all currencies can not go to zero relative to each other. If every country fights the problem with equal amounts of looseness, we might not see as much currency movements as people expect. That is a point I was trying to make.

Mish
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