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Strategies & Market Trends : The coming US dollar crisis

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To: RJA_ who wrote (20158)5/4/2009 3:25:58 AM
From: axial1 Recommendation  Read Replies (1) of 71405
 
Right. It's bilateral. The reality is that foreign holders of US instruments are endangered by US collapse. The US has resorted to extreme measures (some use more negative terminology) to instill and maintain confidence. Basically, "betting the country".

Right or wrong, the immediate crisis appears to be passing. If it does pass, the next question becomes sustainability. A subset of that is monetary policy. "Can it work? Will it work?"

The US needs to become competitive, fast. Decreased outflows. Increased inflows: not borrowed, but earned.

Jim
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