Maybe…maybe not. We could have another round of massive Asian interference, or shall we say, buying of our treasuries which would once again validate the new so called Bretton Woods II agreement.
I am hoping you guys are right. That a dollar that is becoming uncoupled from the monetary world will force the Asian tigers to divest themselves of our treasuries thus forcing up rates.
Basically I would hate to see another round of fiscal insanity like we just witnessed in the past few years.
