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


To: Real Man who wrote (5364)3/22/2008 12:01:58 PM
From: stan_hughes  Read Replies (2) | Respond to of 71461
 
If the SHTF in the EuroZone banking sector here it will be hard to get to DXY 50 with such a high Euro weighting, plus an export-reliant Japan might neutralize a lot of the Yen strength coming from the continued carry unwind -- IOW all the first world industrial currencies are going to be in the same soup and might more or less fall together from this point, as they have in fact already been falling as measured against gold despite its recent whacking

In a global deleveraging scenario that stunts economic growth they all look like crap to me