1) World's largest debtor nation. 2) Economy is going down the drain 3) FED has pumped out hundreds of billions in new money this past month. 4) Bank borrowing at the FED has exploded just to meet reserve requirements. 4) On the verge of borrowing another Trillion into existence once details for the bailout are revamped.
Yep. The fundamentals seems right for a big dollar rally.
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Hmmmm....USA:
Sep 30 14:36 pm
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All Comments by Smarty_Pants »Dollar Soars [View article]
1) World's largest debtor nation.
2) Economy is going down the drain
3) FED has pumped out hundreds of billions in new money this past month.
4) Bank borrowing at the FED has exploded just to meet reserve requirements.
4) On the verge of borrowing another Trillion into existence once details for the bailout are revamped.
Yep. The fundamentals seems right for a big dollar rally.