http://www.triplepundit.com/2007/12/the-end-of-bretton-woods/ Business, Better. Since 2005 Sat, 21 Nov 2009 18:33:24 -0800 http://wordpress.org/?v=2.8.6 hourly 1 http://www.triplepundit.com/2007/12/the-end-of-bretton-woods/comment-page-1/#comment-12274 Sue Thu, 13 Dec 2007 14:35:02 +0000 http://www.triplepundit.com/wordpress/2007/12/the-end-of-bretton-woods/#comment-12274 I am particularly intrigued with the information about China's move to rid themselves of Treasury bonds. Where can one find out more about this? Since a significant portion of our currently borrowing (for Iraq war, etc.) is being financed by China one wonders how long our deficit spending can continue, and who would bank roll it? On the trivial side, I am reminded of the movie "Rollover" (Kristofferson and Fonda) from the 1980's. I am particularly intrigued with the information about China’s move to rid themselves of Treasury bonds. Where can one find out more about this? Since a significant portion of our currently borrowing (for Iraq war, etc.) is being financed by China one wonders how long our deficit spending can continue, and who would bank roll it?
On the trivial side, I am reminded of the movie “Rollover” (Kristofferson and Fonda) from the 1980’s.

]]> http://www.triplepundit.com/2007/12/the-end-of-bretton-woods/comment-page-1/#comment-12273 Bimmelbahn Thu, 13 Dec 2007 00:09:23 +0000 http://www.triplepundit.com/wordpress/2007/12/the-end-of-bretton-woods/#comment-12273 If I had a lot of US Dollars I would invest them in Europe. Being diversified is always a good idea, which is why about 60% of my money is in Europe, 50/50 between a world market investment account and a high-yield savings account. I think it's always a good idea to be debt free but as long as you have a low interest rate that is locked in you should be all set. A Dollar crash would dampen the economy and you might lose your job so be sure that you can pay the debt eventually. If you have money in Europe and the Euro does well you will have comparatively more funds than if you had left it in the US. If I had a lot of US Dollars I would invest them in Europe. Being diversified is always a good idea, which is why about 60% of my money is in Europe, 50/50 between a world market investment account and a high-yield savings account.
I think it’s always a good idea to be debt free but as long as you have a low interest rate that is locked in you should be all set. A Dollar crash would dampen the economy and you might lose your job so be sure that you can pay the debt eventually. If you have money in Europe and the Euro does well you will have comparatively more funds than if you had left it in the US.

]]> http://www.triplepundit.com/2007/12/the-end-of-bretton-woods/comment-page-1/#comment-12272 Nigel Tufnel Wed, 12 Dec 2007 23:59:35 +0000 http://www.triplepundit.com/wordpress/2007/12/the-end-of-bretton-woods/#comment-12272 Fascinating. Assuming things are rolling away from the dollar with regards to oil, how might you advice those of us holding large amounts of cash US Dollars? How about people in the US who are deeply in debt? Fascinating. Assuming things are rolling away from the dollar with regards to oil, how might you advice those of us holding large amounts of cash US Dollars? How about people in the US who are deeply in debt?

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