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Dollar is getting slaughtered.
- Thread starter hairdresser
- Start date
Quote from GCSICLRBC:
Just like Jim Rogers says "The stock market goes up 20%, USD goes down 20%...IT'S A WASH!" Investors haven't actually gained a thing.
--H
GREAT POST
What benchmark currencies are you referring too? Euro?
I don't follow currencies too extensively but am aware that the Yen generally moves inversely to the stock market.
Soon China will start to bitch about the dollar. Then it will start to rise.
The government has spent way too much and this country's debt is way out of control. I figure high inflation is the plan so that they can shrink the real size of the debt.
Ben Bernanke looks like he is getting zero sleep and is about to have a severe mental breakdown, Andy Kaufman style.
Quote from RobtF:
I heard Geithner was laughed at by a student audience in China when he assured them that Chinese assets in the US were "safe." Source I believe was FT, US media is not reporting it.
No youtube clip?
http://news.bbc.co.uk/2/hi/asia-pacific/8076642.stm