"Comment: Of course the Caribbean "Banks" need it to finance the Current Account deficit"".
It's NOT just the Caribbean 'Banks" that finance the US Current Account , Stolwyk.....
It's the entire World Economy.......For THEY (China, Japan, Korea, Taiwan European Countries etc) know, a collapse of the US$ will mean ultimately a collapse of the entire world economy...Let's not forget that the Japanese, Korean, Taiwanese and now Chinece economic miracles were ALL built on the back of the US$........
Is not as easy as some "economists" who foresee the imminent collapse of the US$-US Economy make it out to be.....
The whole world economy is so intricately intertwined that a US$ collapse will mean a world economic collapse....INCLUDING Australia!!!!!!
In fact other countries will suffer a lot more than than the USA.....
- Forums
- ASX - General
- greenspan printing more money in haste
"Comment: Of course the Caribbean "Banks" need it to finance the...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online