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thanks for teh answer...

You mean that people buying US securities do not think that the dolar is going to fall.. or that they are not sure... but if they are not sure and they are foreigners.. why not going elsewhere?

And do they really believe that the dollar is not going to fall further?

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Thu Nov 22nd, 2007 at 03:40:50 PM EST
[ Parent ]
Well, I think there's an extra factor that the USD remains the "reserve currency."

That's not exactly an easy thing to define, but I'm pretty sure it has something to do with it.

I would write more, but I've run out of energy for the evening.

by Metatone (metatone [a|t] gmail (dot) com) on Thu Nov 22nd, 2007 at 05:49:21 PM EST
[ Parent ]

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