Last time the war brought the US back now after the US Sub prime Mortgage Fiasco only God knows what will bring them back this time. Because of which You know our fates are also resting with the dollar. In the short run currencies which aren’t pegged to the dollar may appreciate. But since the US economy is the worlds consumer and Sub primes have linked us to their consumers directly, we all can expect a new equilibrium which can only be reached after the whole world experiences devaluation of their currencies on par with the US to say simply.
The writer had predicted this
U can see the date
U know how its cyclical in nature
Last time the war brought the US back now after the US Sub prime Mortgage Fiasco only God knows what will bring them back this time. Because of which You know our fates are also resting with the dollar. In the short run currencies which aren’t pegged to the dollar may appreciate. But since the US economy is the worlds consumer and Sub primes have linked us to their consumers directly, we all can expect a new equilibrium which can only be reached after the whole world experiences devaluation of their currencies on par with the US to say simply.