Zeev's Turnips Patch-No Politics (ZEEV)

[jayhawk 5]

The $ has primarily devalued against the Euro. And what happens when it also devalues against Asean currencies? Repercussions everywhere. It is obvious to me that we cannot continue our current trade-balance deficit forever. IMO the transition will be painful, however, with that pain will come transition opportunities, internally, and internationally. And, the pain will not be born by the US alone. When we stop buying all will suffer.