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Old 04-20-2007, 05:05 AM  
Egomancer
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Join Date: Dec 2005
Location: Bucharest, Romania
Posts: 2,074
It is not even funny, in Romania USD devaluated with 4% in 2 weeks. Lower value for USD means 2 things:

1. USA will not be able to invest outside the border to keep their products on par with EU
2. EU companies will buy the US companies - which means that US citizens will be 'slaves' for the EU citizens.

Anyway, USA is fucked - big time. If the USD falls 10% more (which I really fear that may happen the next weeks) then goverments will start selling USD. If they sell, then USA defaults and then there is going to be war (I am not kidding here). So pray that USD does not fall more - the truth is that no one wants war and no one wants the USD to go down...

Egomancer
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