US Dollar: The Comeback Kid!?

SSSnail

Lifer
Nov 29, 2006
17,461
81
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I think it's about time. About time that others starting to get over the hate for the US and starting to prop the dollar up for the same reasons our gov is bailing out big banks. I don't like the idea of people not owning up to their irresponsibilities, but at the end of the day we'd all go under if intervention doesn't come soon, and nations are reluctantly giving in. A strong dollar right now would halt a lot of crisis everyone is facing, and I think this is good news.

Reuters

The risk to the dollar in that environment is stark and given few governments around the world have any interest in seeing a further devaluation of the U.S. currency, support for concerted intervention is on the rise.

The dollar's decline has clearly exaggerated oil and food prices worldwide, complicating monetary policies from the United States to the euro zone and Britain as well as to the export-oriented economies of Asia and the Middle East.
 

Slew Foot

Lifer
Sep 22, 2005
12,381
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86
Blame BB for dropping interests rates and the government for spending money like drunken assholes.
 

PokerGuy

Lifer
Jul 2, 2005
13,650
200
101
As the oil bubble starts to burst, and the commodities / metals bubble goes with it, you're going to see the dollar get stronger.
 

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