The “flight to safety” in the dollar reminds me of the “flight to safety” up the rising stern of the Titanic.
I wish more would heed the warning. When I hear “too big to fail” I respond with the old saying ... the bigger they are, the harder they fall. Amazing how easy history is forgotten.
what other currency is there left to invest in? imo the US dollar will hold, or at least be the last one standing on a sinking ship jmo moo
I wonder how comparable in length this “flight to safety” will be.
It still gives me the ooogs to think about Obama’s speech yesterday. He literally says that we need to get borrowing and lending moving again at all costs. Credit is King.