Tonight's evening news had an interesting story on how Canadians are sweeping down into Washington to take advantage of our sliding dollar and the State Patrol is expecting huge traffic issues due to the increases from them during the upcoming Christmas Shopping...(or should I say "Holiday Shopping?")...
I must say these are interesting times to be around. I'm not a FOREX or arbitrage guy but I think China has so much tied up in our dollar that any moves against it would cause them devasting losses. It appears to be a bit of a catch-22 since they hold so much of our debt. If we do get into it with them I am more concerned with their Information Warfare capabilities in the cyber/SCADA realms. That is my cents worth....
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