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Replies to #38762 on FOREX TRADERS
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ElderWolf

05/18/10 11:34 PM

#38763 RE: ElderWolf #38762

The Chinese will wake up one day and realize how idiotic it is to peg their currency to the dollar. Once they realize the power of letting their currency strengthen (significantly increased standard of living)...it's all over for the dollar. Foreign intervention in keeping the dollar propped up by buying our debt will soon be a thing of the past once we go the way of Greece. In my opinion...California will be the first to go.