Ok, sure the dollar was weak today.
But, again the Printing money MEME isn't the important issue. The problem with the Euro is that they are letting the eastern block go. Creating a broader crisis in Europe.
That the United States can act as a unified power and not let California go into uber Crisis, we can focust stimulus to California and help them dig out of their situation.
As opposed to Germany, that is happy to let Spain fall apart.
That is why the USD is the reserve currency, and there is no chance of any other currency becoming the global economic stregnth.
God bless German and Chinese Narsisisum!!
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Wednesday, April 1, 2009
The dog the Tail and the EURO
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