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Old 01-20-2009, 08:09 AM  
Ethersync
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Join Date: Mar 2008
Location: London, Saint-Tropez, Bermuda, Moscow
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Quote:
Originally Posted by marketsmart View Post
will the dollar gain more ground on the GBP?

i think so...
The dollar is going straight up this year against the Euro and Pound. Then some time in the not so distant future it will come crashing down to earth.

The UK is absolutely and completely FUCKED. They will need another IMF loan just like they did in '74.

One other possibility, though many of you will call me crazy, is the Euro does not last through this crisis. At the very least we will almost certainly see countries make moves to get OUT of the Euro.

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