Assuming there is no manipulation of currency markets here. The UK economy unleashes unprecendented 'stimuls' packages and its stirling collapses, logically. The same occurrs in the US and the dollar rallies strongly. I don't buy it as 100% deleveraging. The US is getting off lightly atm ... its being rewarded for yet even more reckless debt creation.
"u.s. debt default, dollar collapse", page-2
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