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


To: russwinter who wrote (25907)2/6/2005 10:52:58 AM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 110194
 
russ, could you offer any reasonable explanation why other currency is more worthy than the USD ? After all long term liabilities are huge in any country who promises decent healthcare and decent living for the elderly.

After all the currencies are all confetti printed at the government will and most if not all countries are facing a growing crisis of pension funds and empty coffers for Medicare and social security.

IMHO it is all a play which enriches the money center banks manipulating the various currencies by spreading meaningless stories to rob the hard working class of it's wealth