Friday, March 18, 2011

A Summer Meltdown of the Dollar?

EPJ's Hans Palmstierna warns this is exactly what might happen.

Writes Hans:
Be warned, this might get really ugly. Especially since

a ) The retailers are still long the dollar

b ) There has been little or no mention of the collapsing dollar in the media. People were actually shouting louder a year and a half ago, before the European worries started.
His full take is here.

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