On Mon, Jul 09, 2007 at 08:17:29PM +0530, Gautam John wrote: > "...There are only two possibilities from here on. Either the US > dollar collapses or a controlled devaluation is allowed. A controlled
"a controlled devaluation is allowed". I would really like to see that trick when the investors/debtors will start cutting losses, and the dollar stop being faux-Au, and approaches its true values: green ink on dead tree. > devaluation means the revaluation of those currencies that are > undervalued. Read: Asia. India has untethered its currency. When will > China?" China alone is quite sufficient to cause a collapse when it stops propping up the dollar.
