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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (79987)3/14/2007 12:24:50 PM
From: elmatador  Read Replies (1) of 110194
 
Flight to safety is away from the USD: Will the Sub-Prime Crisis Cause a Downdraft in the Dollar?

"A concerted effort by the Federal government to guarantee the sub-prime credit risk, much like the S&L bailout of the 1990’s, along with the lowering of interest rates by Fed may prevent the massive defaults in the US housing sector, but at a possible cost to the US dollar.
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