Everstar on 27 October 2008
akuma587 said:
Japan has been bad for awhile. China is doing alright, but without the US to support them their economy could tank overnight. I don't really know that much about the EU's economy in general, but I haven't heard to many promising things. In reality, the U.S. "controls" a lot of other markets (especially China and India and to a lesser degree the EU) because it sets a lot of trends and so much business simply travels through the U.S. Its all pretty bad, but the US is better than some places. People are just flocking to the US bond markets because its safe at the moment. The U.S. dollar is benefitting as a result, plus it has been artificially low for awhile.
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oh ok i think i get it now thanks =)
