Seeking Alpha

NOWHEREMAN » Comments » Single Comment |

  • Emerging Markets Currencies - The Next Crisis [View article]
    Is the Pebble Reactor still being constructed?

    Selling of the Dollar has already begun. Since the Asian contagion, many emerging countries increased their dollar reserves. They are losing purchasing power despite this.

    First Russia selling dollars for Rubles, then this week Brazil doing the same(3 times in one day), Taiwan eschewing US debt, India considering Dollar Sales But Most importantly the Mid East with $2.5 Trillion saying it may have to sell dollars to offset the Oil Price decline to support its Economic Expansion.

    When the dollar turns South again, no nation holding dollars will want to be left behind. The collapse will be faster than the rise.
    Oct 26 11:14 am |Rating: 0 0
All Comments by NOWHEREMAN »
Comments by Ticker
AA, AAPL, AAUKY.PK, AAV, ABAT, ABAT.OB, ABB, ABK, ABX, ACFN, ACH, ACI, ACKDF.PK, ACM, ACN, ACPW, ACWI, ACXIF.PK, ADE, ADEXF.PK, ADM, ADRA, ADZ, AEM, AERO, AES, AET, AETUF.PK, AFN, AGA, AGF, AGG, AGN, AGQ, AGT, AGU, AIA, AIB, AIG, AKNS, ALKS, ALRC.OB, ALTI, ALV, ALY, AM, AMED, AMGN, AMLN, AMSC,
NOWHEREMAN's
Comments Stats
1497 comments
Rating: -148 (332 - 480 )