Is a Dollar Collapse Imminent?
#spacer{clear:left}#abc #sidebar{margin-top:1.5em}zSB(3,3)A reader asks: If the dollar does fall dramatically would it be an instant fall or is it just something that is happening over a period of time. If it would be an instant collapse, what would cause something like that to happen? Thanks!? Over the last six years, the dollar has fallen 40% against the euro, 30% against the Japanese yen, and 15% against the Chinese yuan. Since these countries’ governments are major holders of U.S. Treasuries, many are concerned that they will decide to sell their dollar-denominated assets, prompting a dollar collapse. However, this is highly unlikely, as it is not in their best interest to do so. To find out why, and how to protect yourself against a dollar collapse, read Is the Collapse of the U.S. Dollar Imminent? What It Means to You If the dollar were to collapse, it would mean higher interest rates, which would slo