Quote:
Originally Posted by Phoenix
these countries misfortunes will prop up the us dollar again as it begins to be lent out by the world bank.
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That's what I'm guessing. If the EU collapses the rest of the world will seek safety in the dollar with the train of thought that hey the US survived a meltdown europe didn't. I don't want to se the EU fail. But it is what it is. Guys who are much smarter than me are betting that it will and they stand to make a lot of money if it does.
Reminds me of the banks insuring thier own mortgage securities knowing they would probably fail.