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Old 09-24-2008, 10:07 PM   #7
ryguy
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Quote:
Originally Posted by ESmorz View Post
If the American Economy goes into full collapse. I predict every other countries currency will fall heavily as well. I'm not basing that on anything. It just sounds plausible.

It may seem like a good idea. However, really you are just taking more money away from an economy that desperately needs as much as help as possible.
If the American economy does collapse, it will prop up other currencies. Foreign investors are going to get the hell out of dodge, taking value out of our economy and dollar. Sure, other economies will take some damage too, but not as bad in relation to the U.S.
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