SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (31614)4/16/2003 8:33:05 PM
From: EL KABONG!!!  Read Replies (1) | Respond to of 74559
 
Hello elmatador,

List of countries with haven't had contemplated the abyss and have it coming.

Germany, Hong Kong, UK, US, Japan


Unfortunately for the countries you listed that have already devalued their currencies (S.E. Asia, Russia, Brazil, Argentina), they all heavily depend upon exports to the countries you listed that may one day be forced to devalue their own currencies. Such currency devaluations will undoubtedly further decimate the economies of those nations predisposed to currency devaluations, if only by historic precedence.

In short, economic problems for the economies in a global leadership position will, almost without exception, play havoc with the economies of those countries not fortunate enough to survive only on domestic demands. America sneezes, and Argentina gets pneumonia...

KJC