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Stephen Roach von Morgan Stanley sagt:

At this point, the handwriting is on the wall: Politicians and policy makers around the world have played their cards. They are leaning forcefully against the fundamentals of currency adjustments that might otherwise be expected from the fundamentals of global rebalancing. In effect, the authorities are drawing a line in the sand against a further decline in the US dollar and a related appreciation of the yen and the euro. While that may delay rebalancing, it only heightens the possibility of a far more treacherous endgame for an unbalanced, US-centric global economy. As I see it, the longer the world avoids the imperatives of a US current-account adjustment, the greater the possibility of a wholesale flight out of dollar-denominated assets.


unqote.

Emerald.

--> und nicht mehr warten, bis die Schrift im Sand ev. Wirkung gezeigt hat und der Dollar sich noch etwas weiter befestigt. Oder gestaffelt einsteigen.

"They are leaning forcefully against the fundamentals of currency adjustments that might otherwise be expected from the fundamentals of global rebalancing. In effect, the authorities are drawing a line in the sand against a further decline in the US dollar and a related appreciation of the yen and the euro."

>Emerald.