Quote:
Originally Posted by SCORE-Cash
NO! the USA is not going to end up bankrupt! Look at most current US Dollar to Euro convertion as an indication.
1.00 EUR = 1.28585 USD
The US dollar is going up! While everyone else is going down.
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Dude, this has nothing to do with anything....... this is still flight to safety. Treasuries (t-bills) are the place to be and in order to buy them you need dollars.
Bottom line is that the dollar is weak so comparing it to the euro or uk pound (which are both weaker) is pointless. Compare it to chinese Yuan or japanese yen.