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