As I sat and thought about the previous post - Brazil and South Korea have thrown in the towel trying to stop the devaluation of the Dollar relative to their currencies - I began to think about the choice posed to those countries. If they defend their currencies, they'll export more goods to the US, but suffer a monstrous financial crash later. If they give up and let the Dollar fall, they'll export fewer goods now, but won't go through Armageddon later.
I would think that as their market bubbles inflate right before their eyes, that becomes an easier and easier choice to make.
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