引用:
原帖由 peninsula 於 2007-10-28 16:25 發表
That bad!
I might have sounded like exaggerating or dramatizing :p.. but i wasn't^^:
of course, i wasnt talking in terms of several months... but the overall long term trend...
1. Many places are not as willing to accept USD anymore, this is a trend being seen in many places like maldives, vietnam, mexico etc... these are reflections of shift away from USD...
Most central banks are diversifying out of USD assets too...
2. Unfettered, unrestrained and reckless USD printing by FED... unlimited money and credit expansion.. and aritificially low interest rate...
3. Huge current account deficit
4. Hugely indebted as a nation as well as individually.. most american are so broke.. live by borrowing against credit card and mortgage refinance.. and the latter option now gone...
5. Unwinding housing bubbles and subprime mortgage...
the FED have even accepted many billions of CDO/MDS as collateral for repos.. thats equate to huge injection of new money (cos this will prevent those CDO/MBS from reaching its market value should they be sold in open market where its real/market values will shock the world as how little it really worth) ... in the next few months.. the precarious situation in ABCP market will determine the US economy and USD... should the FED continue to fund the ABCP market where no real investors interests in... USD will collapse further... the subprime mess is far from over.. there are billions of MBS not being "marked to market", should that happen, expect even bigger credit crunch... it is not a matter of 'if', but 'when' that happen...
6. Iran refuse to accept USD for oil transactions.. kuwait's currency depegged from USD
and the most important reason of all..
7. that the US administration isnt so interested in having a strong USD... WHY? because they are so hugely indebted to many nations.. there is only one way they can pay it up.. that is by inflating away the debts.... hence, it is their policy to have a debased dollar... and that help their trade deficit too, supposedly improving their export competitiveness..
USD is being destroyed... and the USD day as world's reserve currency is numbered... these all point to the the demise of the USD...
Gold is the Anti-Dollar cash.... and to a lesser extent oil/gas etc
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本帖最後由 hardcat 於 2007-10-30 18:58 編輯 ]
