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ninty · 04-20-2005, 10:06 AM

To an extent. My comments were directed more toward the western world though.

India and China are booming right now. North America is slowing down but the economies are still growing. We'll probably see a recession pretty soon, but what i'm talking about is economic collapse for the US dollar based on overwhelming debt and an energy crisis. We see many countries have already moved to using the Euro instead of the dollar, and I would exepect this to continue as the US dollar keeps sinking.

Perhaps i'm just being pessimistic.

	(#22)
ninty is Offline Major General Posts: 12,683 Join Date: Jan 2002 Location: Calgary	04-20-2005, 10:06 AM To an extent. My comments were directed more toward the western world though. India and China are booming right now. North America is slowing down but the economies are still growing. We'll probably see a recession pretty soon, but what i'm talking about is economic collapse for the US dollar based on overwhelming debt and an energy crisis. We see many countries have already moved to using the Euro instead of the dollar, and I would exepect this to continue as the US dollar keeps sinking. Perhaps i'm just being pessimistic.