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First Answer by Cyanotic Wasp on Aug 13, 2009 at 8:41 pm Permalink
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Fr Joe Aug, 14 2009 at 03:11 PM
Then why are there only 2 or 3 countries that have completed their payments of funds owed to the US, from WW II? Let alone from then to now?
The last time I read about the devaluation, the reason given was the dollar was too strong and that foreign entities (Governments) were having trouble paying their debts. Fact, not fiction.
Fr Joe Aug, 14 2009 at 03:43 PM
Backing up a few feet...... Yes, the finance market is in a big mess and possible 50% reduction in the value of US Dollars may be imminent. http://www.freerepublic.com/focus/f-bloggers/2228040/posts There are several other stories that detail the problem the US currently faces. However, when I wrote the question, I was actually thinking about the time period of a few years back, "Living in the Past." That said, there have been a few 'artificial' devaluations.
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