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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (104924)	11/26/2009 7:12:55 PM
From: John Metcalf	Read Replies (1) \| Respond to of 116555

"what the dollar does in the next 2 weeks" I see the point that Japan may be closer than USD to non-payable debt levels, and default there would only be surprising in that it could be hidden from the rest of the world (because debt is internal). Still, dollar has fallen 17% vs. yen this year. GBP is in poor shape, like Euro, but USD has fallen against both, and twice as much against Brazilian real. Without a tight collar, dollar would be massively down vs. RMB, which would affect crosses everywhere. Which is more, one dollar or two weeks, in a world with no stable paper currencies? I haven't gone into full-hermit mode yet, but I am buying every non-perishable I can use or store.