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


To: Real Man who wrote (3945)2/6/2008 7:48:28 PM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 71406
 
"As international investors wake up to the relative weakening of America's economic power, they will surely question why they hold the bulk of their wealth in dollars...The dollar's decline already amounts to the biggest default in history, having wiped far more off the value of foreigners' assets than any emerging market has ever done." … The Economist



To: Real Man who wrote (3945)2/7/2008 10:16:47 AM
From: RJA_  Read Replies (1) | Respond to of 71406
 
Vi, the link in this post is no good. Have you got another?



To: Real Man who wrote (3945)2/7/2008 10:44:02 AM
From: RockyBalboa  Read Replies (1) | Respond to of 71406
 
A sudden dollar devalue could actually jump start the stock market and ignite a rallye leading it up several 100%. We had it simulated in Brazil when they unpegged the BRL crashing it from 1 to 3. Since, the average stock is up fivefold.



To: Real Man who wrote (3945)2/7/2008 10:48:42 PM
From: the navigator  Read Replies (1) | Respond to of 71406
 
Soviet Politburo style economy in the US:

Soon, we'll have Soviet Politburo style money in the US.



englishrussia.com