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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: baystock who wrote (22214)11/21/2004 11:00:01 PM
From: Crimson Ghost  Respond to of 110194
 
Breaking dollar hegemony will not be possible without a fundamental restructuring of the global economy IMHO.

The way things work now the economies of Asia and Europe to a lesser extent depend heavily on the US market. This explains their frantic attempts to prop up the greenback. This dependence will have to be substantially reduced before dollar hegemony can be broken once and for all.