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

To: Joseph Silent who wrote (115721)	1/21/2016 12:23:11 PM
From: Elroy Jetson	Respond to of 218441

Many countries like China, and companies around the world have borrowed money in US Dollars rather than their own local currency as there may be no lenders of their own currency, or the interest rate on US Dollars was far less. Down the road there are countries like Brazil which may see a plunge in the value of their currency, similar to the 2/3 plunge in value the Russian Ruble has experienced so far. China is trying to fight off further devaluation which might require them to withdraw from the IMF.