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To: Travis McGee
Oh yeah, it’s just GREAT when your national currency collapses!

Who are you speaking of? The EURO and Yuan are about to blow up in their faces. Cable, also.

Their central bankers need to slash their rates before they go busted.

10 posted on 11/20/2007 6:02:58 AM PST by BlabItGrabIt (Trucks...Trucks....Trucks...Trucks)
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To: BlabItGrabIt

I agree, we’re just leading the pack in the downward race of debasing our national currencies. But there will be severe punishment to the USA for “winning” this race to the bottom, especially regarding the loss of dollar denomination of oil contracts. Once countries don’t need dollars to purchase oil, there will be no remaining floor under the dollar, and “watch out below!”


14 posted on 11/20/2007 6:05:51 AM PST by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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