It doesn't matter that the US is a basket case.The $US becomes a...

It doesn't matter that the US is a basket case.

The $US becomes a safehaven because it is the least bad currency and it is the world reserve currency.

Which currency is it going to fall against?

Look at the $AU as an example.

We are about to see multiple 'panic' interest rate cuts and a bursting commodity bubble.

The $AU will plunge (even further) than it has already.

Europe is a basket case.

See what happens to the Euro when they start cutting rates.

See what happens to the Euro when the various countries start fighting.

It will be a bloodbath and the $US will be the main beneficiary.