DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - The Forgotten Crisis And What Every Financial Pundit Didn't Learn From It

**wmzeto** · 10-09-2011, 07:44 AM

Yeah.. but THIS time, there won't be the dollar to "flee" to... if you're not buying PM's, you're just reshuffling the chairs until the music stops.

Comparing the United States and the dollar bloc to Zimbabwe is just plain wrong at best and stupid at worst, yet that is what everyone seems to bring up.The Asian financial crisis is the proper comparison. I'm not so sure about that... Zimbabwe might be the PERFECT comparison by the time this thing has run its course!

10-09-2011, 07:44 AM	#2
wmzeto Join Date Nov 2005 Posts 463 Senior Member	Yeah.. but THIS time, there won't be the dollar to "flee" to... if you're not buying PM's, you're just reshuffling the chairs until the music stops. Comparing the United States and the dollar bloc to Zimbabwe is just plain wrong at best and stupid at worst, yet that is what everyone seems to bring up.The Asian financial crisis is the proper comparison. I'm not so sure about that... Zimbabwe might be the PERFECT comparison by the time this thing has run its course!
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