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Re: riskanalyst post# 90

Thursday, 08/20/2009 10:47:21 PM

Thursday, August 20, 2009 10:47:21 PM

Post# of 444
2nd risk..............

"At the time the South Korean currency was still pegged to the US dollar. It stayed so until December 24, 1997, when it became a floating currency, but was then immediately devalued at nearly half of its value because of the East Asian financial crisis."


I doubt the dollar would ever be "immediately devalued at nearly half of its value" no matter what happens. Ever.


I don't normally bash my own stock as the market is tough enough without somebody creating irrational panic on a message board, but this board is barely used vs. the volume so what the hey....
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