The Biggest Gamble

Britain now has more than 2 Million people out of job.
Spain is twice of Britain's = 4 Millions!
And IMF has seen for the First Time since WWII the Global Output has contracted.

Every country is racing against time to fight hard against the Greatest Depression.
Japan has initiated its 3rd Stimulus Plan (when were the first two started??)
Australia just started its 2nd. So was US.

So, US has just took another Dramatic action - printing money - only over US$1 Trillion of it!

And the consequences?

One of which is the US$ just had its One Day Biggest Fall since 1985!!

Did I not say the New Battlefield is in the Exchange Rate just 5 days ago?

Every Government has tried every avenue to stimulate demand for the last 18 months.
But Failed.

So, if one cannot stimulate "Internal Demand", let's stimulate "External Demand".

Making US$ Cheaper, making Every US Business Dead Cheap, making Every US product Dead Cheap etc.... to attract Massive Inflow of money, which in turn is to create the much needed Jobs.

Japan has been doing this for the last 2 months.
So has been Switzerland for the last week.
And both had good results - Until yesterday.
US has now joined the game - Depreciating its currency.

US is now using this dangerous tool to make its Biggest Gamble.

How LOW will US$ go?

Fasten your seat belt and be ready for an amusing Roller Coater Ride!

Fate
There are More Losers than Winner at Every Gambling Table