Re: Some scary stuff about the dollar
[ QUOTE ]
I think the two biggest looming disasters are:
a) when foreign nations stop seeing us t-bills as the safest place to store their reseves
b) when third world countries/drug dealers stop using the US dollar as their currency
[/ QUOTE ]
The dollar might as well be pesos when this happens.
Foreign investors and foreign entities using dollars for transactions are the only thing keeping us afloat.
|