The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: stockycd who wrote (15498)	12/15/2008 10:24:42 PM
From: HH	Read Replies (1) of 71405

yeah, $2/euro ... We had $1.60 not long ago and that was without crisis management. Europe zone has some advantages asan existing cross cultural currency... there is a big difference in the individual/consumer debt mentality of US compared to Europeen.... the real producers in the world are ,,I assume Asian and petro countries. I just feel there is a chance that there could be a collective push by the rest of the world to take US down a notch... in an effort to diminish our dominance in the world. What gets complicated is that the rest of the world's prosperity depends to a large degree on that very dominance they begrudge. But, not so with China. Their model wasn't steeped in free enterpise and personal freedom. It just wouldnt surprise me if China didn't partner up with Europes and petro-kings.

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