Over this weekend I did a lot of reading on the causes and possibilities of the US default happening between 2 and 8 August 2011, and it seemed that the more I read, the better the situation became. With the leaks of the latest news of a debt deal, it seems that the default isn’t a threat any longer (this is good to hear, and I will certainly keep my fingers crossed); but even if so, the dollar has been weakening (against virtually every major currency) all year long, and I once again wondered: maybe USD isn’t as stable of a currency to keep all your money in... How do you protect your earnings?
How Do You Protect Your Earnings?
Posted by
prussakov under Finance
From http://www.amnavigator.com 4641 days ago
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Comments
4641 days ago
I think if they default, they better run pretty fast, otherwise their heads'll end-up on sticks. After the world economy crumbles it'll be very clear who we'll blame, with no grand explanation necessary from the media pundits.
Duncan