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


To: Real Man who wrote (5536)3/26/2008 2:27:53 PM
From: stan_hughes  Respond to of 71403
 
I'll stand up now in support of my recent statements about the USD, Euro and Sterling at least being in the same Old World banking lifeboat -- so if the USD really starts to crater, they will crater together due to the intricacies of interbank dependency, resulting in coincident declines across the board that do not reflect so much in the pairs -- ergo, not as much movement in DXY as one might expect -- so I'm thinking ~60, not 40, BWTFDIK

I just can't picture how the European economy and therefore the Euro stays strong in a world where the US banking system reverts to third-world status