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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (1017)	9/17/2007 8:22:49 AM
From: Real Man	Respond to of 71442

Yes, I guess so! The British housing bubble has been a lot worse than in the US. BP has to slide as well. The Brits are second on the list of countries with the worst trade deficit. As a percentage of GDP, a very distant second, but the BP rates have put propelled BP way too high. We have been seeing peculiar CB dollar buying from the Brits whenever the dollar was threatened, and my guess would be it is happening right now. London and NY are both run by the same financial elite. These interests are definitely threatened by the possible dollar crisis, and BP has been flying high. It only makes sense to sell it now. However, if both BP and the dollar slide, what do they do then?