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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (7)5/9/2007 8:21:40 PM
From: yard_man  Read Replies (1) of 71450
 
how do you get what the reserves are held by each country -- this is just USD equivalents?? Your comment re the US doesn't make sense to me -- if the US has reserves in USD -- how is that foreign reserves?? They have it elsewhere, denominated in USD??

But even if you have the above -- why is it important -- so what if a large amount of foreign reserves are denominated in USD -- that in and of itself is not ominous. Isn't it the potential for shifts in balance of trade that will drive the relative value of the dollar?? Not the relative value of the dollar that drives shifts in trade??

I think we only care about changes at the margin ... all the dollar bears haven't answered a couple of questions:

What makes the play money of other countries so great??

and

What is the impetus for the shift in trade that will "topple" the dollar?
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