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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (68208)11/16/2010 9:21:53 AM
From: elmatador  Read Replies (1) | Respond to of 220315
 
Nations playing games and people thinking the world is going to the dogs.

We were here when all was happening and we remember it all:
2008 US suffered the biggest blow as a result of the sub-prime. Others took it too since they were milking the same sub-prime cow.

Others -out of the subprime cow milking- suffered only collateral effects as trade finance was removed from global markets affecting exporting and importing countries.

Lesson has been learned. Flowing from the above: USD is used irresponsibly. Thus must lose its status as reserve currence.

It is just a matter of time. OECD countries are just delaying the inevitable. The toppling of the USD.

Best way to prepare is to do one's homework.