ASX 0.61% $63.77 asx limited

will the world forgive the us

  1. 390 Posts.
    The subprime loan mess and the sales of CDO's the the rest of the world was basically a con job by the US lenders on the rest of the world. By labeling these AAA secureties they perpetrated a fraud on thoes they sold these to. Do you think that the bad boys of the internationl finance markets might want some payback when it comes to supporting the USD as the currency of choice in the future? Watch for a falling dollar in the coming months.
 
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