Quote:
Originally Posted by Claeren
2) The American Dollars rise is pretty commical. People are buying government debt in USD because it is thought of as safe, yet because there is such an insane amount of that debt being sold it is pushing the currency higher and higher. Yet how can a currency with no underlying value other than trillions and trillions in debt have long term stability?? Boggles my mind. That should be a very interesting thing to watch play out.
Claeren.
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No kidding. How is it possible that this who situation created by debt, is puting upwards pressure on a dollar because people want to buy that debt?.... Is it because people are looking for something to goto, anything to grab onto thats "liquid"...