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

To: elmatador who wrote (108861)	12/9/2014 4:48:52 AM
From: Metacomet	Read Replies (1) \| Respond to of 218673

The USD was facing the loss of its status as world reserve currency ..not in this lifetime, or next probably That position requires more than a lot of exports ...hard to imagine which currency, other than the US dollar would be acceptable to a sufficient critical mass of the worlds various governments to supplant the greenback.. ..ya really think the renminbi, ruble, yen or ECM cash could clear that bar? There is too much reliance on faith in the government that issues the reserve currency to imagine any individual or group of issuers supplanting the USD.. (..and then again, there is the Republican party in the US..)

To: elmatador who wrote (108861)	12/9/2014 6:47:35 AM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 218673

The emerging problem of foreign currency debt The BIS issues a timely warning about exchange mismatches It is not so long ago that many emerging economies, especially those in Latin America, were complaining bitterly about “currency wars”. A decade-long commodity price boom, combined with ultra-loose western monetary policy, flooded the emerging world with capital and pushed up exchange rates to wildly overvalued levels. Those days are over. International tensions with Russia, concerns about China’s financial stability, a strengthening US economy and, most of all, fast-falling commodity prices have prompted foreign capital to head for the exit. During the past three months, the JPMorgan index of emerging market currencies has fallen by almost 8 per cent against the dollar. But that conceals far sharper falls among some of the weaker currencies. The Brazilian real is down 17 per cent for instance, while the Russian rouble has slumped by nearly half. ft.com