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


To: RockyBalboa who wrote (19332)3/31/2009 10:15:23 AM
From: Real Man  Respond to of 71474
 
Ambrose Evans-Pritchard is a silly Halloween-type bearish writer for
the telegraph. Always sensational stories of global collapse.
I would not take that person seriously. However, there
will be discussions of the USD role as a reserve currency at G20.
Foreigners got screwed. Nobody likes to get screwed. Right
now they will need to finance US budget deficit, and whether
they agree to that or start running will, perhaps, determine
the direction for these markets for the rest of the year.
The problem is that if they run, they screw themselves, as
always. -g-