If this market decides to "rationalize" the currency market anomalies in the global economy...
THE SELL OFF HAS A LONG LONG WAYS TO GO...!
The suddenly weaker dollar is causing no end of trouble in Euroland and in Asia...but the weaker dollar was inevitable based on simple macroeconomic theory...
That's what the Hedge Funds lost there collective asses betting on last year...
Now suddenly...the dollar is being "rationalized" without warning...
Market crashes always happen when the central banks "get involved," and the central banks almost never get involved unless they have too...because the speculators have "painted themselves into a corner" and can't get out...
THIS CURRENCY CONTAIGION BEARS WATCHING...! BECAUSE UNWINDING ALL THESE "CARRY TRADES" COULD BE A VERY RISKY BUSINESS!
