Europe can’t cope with USD
Sarkozy came out with comments criticizing the weak dollar policies of the US. Of course Europe can’t cope with a relatively strong USD (http://www.hihifrds.com/hihifrds/news-and-content-updates/sarkozy-says-europe-cannot-cope-with-weak-dlr). Europe is facing it’s own debt deflation spiral and with individual countries unable to control their monetary policy, the results are a broken system. As we posted before, Dubai is just the first taste. Look out for Greece and Spain.
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Tags: Currency, currency trading, Euro, Greece, Spain, USD
Commodities/Futures, Currency, Fixed Income/Bonds | Yaron Sadan | 
December 1, 2009 1:26 pm
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