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


To: Skeeter Bug who wrote (21454)7/22/2009 7:57:16 PM
From: axial1 Recommendation  Read Replies (1) | Respond to of 71477
 
What happens to the USD depends on many things. I don't believe anyone here can predict its future 7 days ahead, never mind 7 years ahead.

If there's another downturn, then efforts at financial and economic reform will become real, instead of half-hearted. If reforms are real, then the fate of the dollar changes.

If reforms remain as they now appear, the USD will continue its decline. However the US still is a dominant economy, and the proper financial and economic steps could return it to health.

Politics dictate a perverse outcome: only if things get worse can they get better.

Jim